Payroll Calculations

🎉 Master Payroll Calculations with Ease! 📊

Introduction to Payroll Calculations in South Africa

Please note that this course is based on South African Tax laws and regulations.

Payroll is the lifeblood of any organization, and understanding how to accurately calculate pay is essential for both employers and employees. This comprehensive course will guide you through the intricacies of payroll calculations, ensuring that you have a firm grasp on the necessary steps to process payments correctly. 🧾

What You'll Learn

This session is designed to cover a wide range of topics essential for effective payroll management:

• Calculating Pro Rata Salary, Leave and Tax

  • Understanding daily and hourly rates
  • Determining gross income
  • Calculating PAYE (Pay As You Earn), UIF (Unemployment Insurance Fund) and SDL (Skills Development Levy)

• Handling Additional Compensations

  • Managing subsistence allowances, medical aid contributions, retirement annuities, and unpaid leave
  • Accounting for long service cash awards, bonuses, overtime, commission, and arbitration awards
  • Dealing with travel and reimbursive travel allowances, accommodation expenses, advances and loan repayments, and expense reimbursements
  • Understanding uniform allowance and the right of use of an asset

• Miscellaneous Deductions

  • Keeping an excel worksheet as proof of calculations
  • Reconciling yearly payroll on excel
  • Managing assets acquired at less than OMV (Original Market Value), leave schedules, and debt management
  • Preparing and submitting EMP501 forms and COIDA ROE (Return of Earnings)

Course Inclusions

Our course is packed with valuable resources and opportunities to ensure you gain the most from your learning experience:

• Expert Session Recording

  • Access to a recorded session to review at your own pace.

• Interactive Q&A

  • Opportunity to engage directly with our expert presenter, Ruzel van Jaarsveld.

• Downloadable Course Material

  • Comprehensive study materials to assist in your learning journey.

• Certificate of Training

  • A certificate to acknowledge your completion of the course.

• Optional Assessment

  • Test your knowledge with an optional assessment at the end of the course.

• 3 Verifiable CPD Points - SAIT Accredited

  • Earn Continuous Professional Development (CPD) points that are accredited by the Southern African Institute of Taxation (SAIT).

Meet Your Instructor: Ruzel van Jaarsveld

Ruzel brings over 23 years of financial expertise to the table, with a diverse background in bookkeeping, financial management, and compliance. Her extensive experience across various industries and corporate settings makes her an ideal mentor for anyone looking to master payroll calculations and financial administration. Ruzel's practical approach, combined with her in-depth knowledge, ensures that participants receive real-world insights and skills that can be directly applied to their work. 🧒🚀

Embark on your journey to becoming a payroll pro today! With our expert guidance and comprehensive course materials, you'll navigate the complexities of payroll calculations with confidence. Enroll now and take the first step towards payroll excellence! 🚀💼💰