Professional Training

Managing Expenses and Benefits

Length
1 day
Price
495 GBP excl. VAT
Next course start
7 May, 2024 (+3 start dates)
Course delivery
Virtual Classroom
Length
1 day
Price
495 GBP excl. VAT
Next course start
7 May, 2024 (+3 start dates)
Course delivery
Virtual Classroom
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Course description

Managing Expenses and Benefits

If you want to understand how to manage expenses and benefits effectively, including the rules around providing expenses and benefits that do not have to be reported, this could be the course for you.

It will also show you how employers can shoulder the tax and NI burden for employees were providing benefits that are minor, irregular or impractical to apportion.

Upcoming start dates

Choose between 3 start dates

7 May, 2024

  • Virtual Classroom
  • Online
  • English

28 May, 2024

  • Virtual Classroom
  • Online
  • English

17 June, 2024

  • Virtual Classroom
  • Online
  • English

Suitability - Who should attend?

Benefits in kind are increasingly awarded by employers to staff as part of a comprehensive total reward package. Ensuring these items are reported correctly to HMRC can be complex, with a myriad of rules to follow.

If you:

  • Require a detailed refresher of the above
  • Want to confirm compliance for expense reimbursement and benefits reporting
  • Are reviewing employee expenses and benefits policy
  • Have sign-off responsibility for reporting expenses and benefits to HMRC
  • Are at team leader level or above (or solo payroll specialist) as this is an advanced topic and assumes prior knowledge of basic PAYE and payroll processes

For more information about admission requirements, please visit the institute website.

Outcome / Qualification etc.

CPD: 7 points

The course aims to help participants navigate the complex tax and NICs rules for a range of expenses, benefits in kind and the rules around travel and subsistence.

Also included with the course are the principles of grossing up, settling tax and NIC on benefits provided to employees/third parties via Taxed Award Schemes, or a PAYE Settlement Agreement.

  • Appreciate the effect the UK’s benefits code has on a range of expenses and benefits (what is and is not reportable for tax/NICs)
  • Evaluate various arrangements for delivering expenses and benefits efficiently
  • Evaluate the organisation’s expenses and benefits policy
  • To reduce costs for employers and employees
  • To motivate and reward employees effectively
  • To reduce the administrative burden
  • To be compliant with legislation

Training Course Content

  • Cost implications of expenses and benefits
  • Reimbursing employee expenses, including travel and subsistence
  • Benefits exempt from reporting, including trivial benefits
  • Salary sacrifice and OpRA (in brief)
  • PAYE Settlement Agreements (PSA) and grossing up
  • Advantages of effective and efficient expenses and benefits policy

Course delivery details

The course is broken into two half-day sessions.

Expenses

  • Non-members price: £449.00 + VAT
  • Members price*: £349.00 + VAT

Continuing Studies

  • Payroll update
  • P11D calculation and reporting benefits
  • Automatic enrolment and pensions for payroll
  • Holiday pay and leave
  • National Minimum Wage and other working entitlements
  • Take a look at our other training courses for all levels

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Chartered Institute of Payroll Professionals
Goldfinger House
245 Cranmore Boulevard, Shirley
B90 4ZL Solihull

The Chartered Institute of Payroll Professionals (CIPP)

The UK’s leading provider of education for payroll. Leading the profession through education, membership and recognition. Established in 1980 as an official industry body, the Chartered Institute of Payroll Professionals (CIPP) is the only Chartered institute for payroll, pensions and reward...

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