On completion of this course, the learner will have a comprehensive knowledge of complex payroll legislation and calculations.
This course is suitable for individuals who have had several years’ experience in the payroll profession and want to ensure their knowledge of complex payroll legislation and calculations is up to date.
Delivered in a virtual environment, this course allows for interaction with our experienced trainers, and contains numerous practice activities, example situations and interactive whiteboard demonstrations.
At the end of this course, learners will:
- Have up to date knowledge of long service leave rules for the 8 states and territories, including the entitlement to LSL and how to determine the rate of pay for a period of LSL
- Know each of the elements which can make up a termination pay
- Understand how to tax and report redundancies
- Know what an Employment Termination Payment (ETP) is and how to tax and report an ETP, including any tax-free components
- Know how to use the ETP Cap and Whole of Income Cap when taxing ETPs
- Understand employer obligations under the Superannuation Guarantee Administration Act and the penalties for non-compliance
- Have a comprehensive knowledge of superannuation including complexities in Ordinary Time Earnings and the maximum contribution base
- Understand the impact of salary sacrifice arrangements and Reportable Employer Superannuation Contributions (RESC)
- Have knowledge of the basics of Payroll Tax, including what is included as salary and wages, the payroll tax thresholds and rates for each state and territory, and how employing in multiple jurisdictions can impact payroll tax
Please see our terms and conditions here before booking.