ICB Level III - Diploma in Payroll Management BBS403

This diploma is ideal for the complete beginner with no experience or qualifications and/or for anyone having previously worked in payroll but not received a qualification.

The course incorporates the basic calculations and preparation of both a weekly and monthly payroll, using both manual and computerised systems using Sage Instant Payroll. The course has been designed to demonstrate the correct processes necessary for setting up a manual or computerised payroll system for an employer, businesses or clients.
 

The course is detailed and covers the income tax and National Insurance calculations for the PAYE employee. You are introduced to dealing with additional payments and allowances, via the Income tax system, such as Tax Credits, the payment of statutory payments for sickness, maternity leave, adoption pay and paternity pay. The course also covers the treatment of student loan repayments.

The course is appropriate for those students who are:

• New to payroll and who wish to acquire the skills and knowledge required of payroll personnel     prior to employment.
• Have previously worked in payroll and have not received a qualification.
• Wanting to return to work in payroll and need to update your knowledge.
• Are already employed in payroll processing or allied roles and wish to ensure that you have a firm foundation and  knowledge and skills to perform some non-routine tasks.
• Wanting to acquire the skills necessary to use Sage software for your  business or help your clients set up their payroll system.
• Wanting to provide a payroll service to your clients.

Prerequisites: There are no prerequisites required for this Diploma course.

Tuition cost: £470 and includes:

• Course lessons
• Assignments
• Sage Instant Payroll software, all courseware, workbooks and software where applicable
• HMRC Employees Payroll CD and PII Deduction Tables
• Exam practices
• ICB Mock Exam
• Access to learning resources
• Unlimited Tutor support – vital to your success
• ICB Student Registration £46.50:- (includes first 12 months membership of the ICB)
• ICB exam fee:  £41.50

Duration: 50 hours
   
Examinations
The exam may be taken from home by assignment. Papers are sent out by ICB virtually every Friday of the year. You will normally have between 10 and 14 days to complete the paper and return it to ICB for marking. Results can take up to two weeks.

Aim of the course is to:

• Help you develop a detailed knowledge of the payroll system using manual and computerised procedures.
• Expand your skills to perform routine and non-routine payroll tasks.
• Understand the importance of accuracy and security in performing any payroll task

Course Structure: ICB Level III - Diploma in Payroll Management BBS403

The Diploma is comprised of 17 Lessons/Units. This qualification covers advanced manual and computerised payroll techniques including holiday pay, statutory sickness and maternity pay, family tax credits and student loan repayments and the requirements for directors including benefits in kind. Students must be able to demonstrate their ability to understand and carry out the following functions for both parts i.e. manual and computerised. The following lessons prepares students for the ICB sllyabus:

ICB Accredited Course

Part 1 - Manual Payroll

• Unit 1:  National Insurance Contributions
• Unit 2:  Pay As You Earn Income Tax
• Unit 3:  K Codes
• Unit 4:  Net Pay & Month end procedures, Use of HMRC Calculator
• Unit 5:  Holiday Pay and Statutory Sick Pay
• Unit 6: Statutory Maternity Leave and Pay
• Unit 7:  Directors pay & NIC's, Pension contributions, Student Loans
• Unit 8:  Benefits in kind
• Unit 9:  Year end procedures, Legal requirements

Part 2 - Computerised Payroll

• Unit 10: Installing Sage Instant Payroll, setting up the system & running weekley payroll
• Unit 11: Monthly paid staff, Restoring files, running further weeks, finish payroll run
• Unit 12: Holiday pay, Leavers and Starters
• Unit 13: Statutory sick, and Mternity pay
• Unit 14: Student Loans, pensions schemes
• Unit 15: Attachments to earnings, Year Ends

At the end of the successful completion of this course you will receive the ADL, Diploma in Payroll Management as well as the ICB Diploma in Payroll Management. Level III. This course will also  prepare you for the  ICB payroll examination. The satisfacory completion of  this exam  will then make you eligible to apply for ICB membership.

The exam is completed at home and takes the form of a paper question booklet which is posted to the student at home for completion and return within two weeks. The student must have their own accounting software package (Sage Instant Payroll software is included in the cost of course). The Institute posts assignments to students every Friday and results are posted directly to the student within one calendar month of receipt of a completed answer paper.  If an examination is not returned within the deadline period, the examination will be graded as a Fail and the student must apply for a new examination and pay any necssary fees.