Payroll & Taxation Management

Overview

The Payroll and Taxation Management course at CTS College delves into the critical aspects of payroll processing, recognising its significance as a substantial company expense and its adherence to complex legislation. The course emphasises the importance of accuracy and reliability in payroll procedures, benefiting not only the organisation but also employees and external stakeholders who rely on the payroll system for timely and precise payments.

Participants engage in comprehensive workshops that cover various elements of income tax legislation, providing practical insights into the intricate calculations involved in determining employees' pay and employers' payments, including VAT, green fund, and business levy. This course equips individuals with the essential knowledge and skills to navigate the complexities of payroll management, ensuring compliance with regulations and fostering efficiency in financial processes within organisations.

Benefits

Upon completion of this programme, students would be able to:

• Calculate the various business related taxes (NIS, PAYE, Green Fund, Business Levy, VAT)
• Process business payrolls
• Understand various tax legislation

Features

Below are some of the main features of this course:

• Short duration - can be completed in only 5 weeks (2 classes/week) or 8 weeks (1 class/week)
• Competitive rates with flexible payment plans
• Experienced lecturer with excellent student support
• Online classes which are also recorded for further review
• Support group via WhatsApp with the lecturer, programme manager and students

Target Audience

This course is perfect for small business owners and persons:

• Responsible for the payroll function in their organisation
• Wishing to start their own company
• Interested in knowing about payroll and taxation
• Wanting to calculate their own taxes

Entry Requirements

No prior experience or qualifications are required for enrolment in this course – all are welcome to join and learn.

Course Content

The following would be covered in this course:

1: Time Sheet

• Introduction to time sheets
• Calculation of hourly wages and overtime
• Completion of time sheets

2: Payroll

• Introduction to Health Surcharge (H/S) and NIS
• Calculation of H/S and NIS rates
• Weekly payroll
• Monthly payroll
• Pay slips

3: The PAYE System

• Introduction to PAYE
• Calculation of PAYE
• Completing a payroll with PAYE deductions

4: Completion of Tax Forms

• Filling out and completing NIB forms (NI 184 & NI 187)
• Filing out the BIR form - (payment description slip)
• Completing the TD4 form

5: Value Added Tax (VAT)

• Introduction to VAT
• Understanding VAT
• VAT calculations
• VAT payable and refundable
• Completion of the VAT return form

6: Green Fund and Business Levy

• Introduction to Green Fund and Business Levy
• Calculation of Green Fund and Business Levy
• Green Fund and Business Levy payment

7: Ethics and Motivation

Schedule

Course Offering

Day	Time	Duration	Contact Hours	Cost	Lecturer
Tuesday, Thursday	08:00 pm to 09:30 pm	5 weeks	15 hours	$1,500.00	Mrs. Reena Ragbir-Gunness
Saturday	10:00 am to 12:00 pm	8 weeks	17 hours	$1,500.00	Mrs. Reena Ragbir-Gunness

Session - Tuesday, Thursday (08:00 pm to 09:30 pm)

Session	Start Date	End Date
Session 1 - Online Classes	Tuesday, May 7, 2024	Tuesday, June 11, 2024
Session 2 - Online Classes	Tuesday, July 16, 2024	Tuesday, August 20, 2024
Session 3 - Online Classes	Tuesday, October 1, 2024	Tuesday, November 5, 2024

Session - Saturday (10:00 am to 12:00 pm)

Session	Start Date	End Date
Session 1	Saturday, January 27, 2024	Saturday, March 16, 2024

Delivery Mode

Online Classes

This course will be delivered via live online classes. Students will be provided with a link to join the class as well as other relevant instructions at least one day before the start of each class. These classes are also recorded - therefore students have the option to review the course content as often as they like.

Additional Info

Assessment

Students would be required to complete the following assessment(s) for this course:

• Final exam

Note: Students would be allowed to do a mock exam. The purpose of the mock exam is to review the topics covered in the course and prepare students for the final exam.

Certification

In order to receive the CTS College certificate of completion or participation for this course, students must attend a minimum of 75% of classes and pay any outstanding fees. Where applicable, students who do not meet the necessary assessment requirements, but attended the required amount of classes would receive a CTS College certificate of participation.

Certificates would be provided in digital format which would allow students to access, print and share their certificates 24/7 on demand. For more information on our digital certificates please click here.

Resources

A digital booklet which covers all aspects of this course will be made available to all participants. All exercise worksheets will be provided for this course.

Interactive Course Calendar

Explore our comprehensive Interactive Course Calendar, with a list of all our courses and their costs and delivery modes offered throughout the year.

View Calendar »

Fees & Payment

Cost

This course is offered at the affordable price of $1,500. In order to start the course, students must pay a minimum of 50% before the first class.

Payment Plans

Students can be given a payment plan where the initial downpayment is made, with an arrangement for the remaining balance to be paid over the duration of the course. Please feel free to contact us to discuss a payment plan customised for you.

Payment Methods

The following table shows the details for the 4 convenient ways to pay the CTS College fees for this programme:

Payment Method	Details
Linx	Paid at the Administration Office
Credit Card	Paid at the Administration Office
Cheque	Paid at the Administration Office Made Payable to CTS College
Online Bank Transfer	Paid via Online Banking Click to view full instructions »

Student Support

Facilitator

At CTS College, we believe in crafting an extraordinary student experience. This is why we have selected Mrs. Reena Ragbir Gunness to facilitate the Payroll and Taxation Management course. Mrs. Gunness not only imparts knowledge, but creates a learning experience where students feel valued and appreciated. She is also committed to shaping a transformative learning journey and creating an educational adventure that goes beyond the ordinary.

Mrs. Gunness has completed studies in Human Resource Management, Strategic Management, Finance and Marketing. She is the holder of a BA (Hons) Degree in Business Management, Diplomas in Educational Psychology and and Diploma in Life Coaching.

She has over 20 years’ experience in Aviation, Office Supplies, Mail Processing, HR, Education, Training & Development, Accounting, Management, Administration and Customer Service, and over 10 years work experience as a Business Consultant and Career Coach.

Mrs. Gunness is passionate about teaching, believing her true purpose is to educate and uplift others; praised for patience and excellent course delivery, she also motivates students to excel, making imparting skills and knowledge her main objective.

Programme Management

The programme management team is responsible for the management of this course. If you would like further information or clarification on this programme please contact:

Ms. Kelly Ann Bholasingh
Programme Manager
Phone: (868) 360-3209 / (868) 740-9095

E-mail: Certificationshidden@CTSCollege.com