Payroll and Tax Administration
Learn the company taxation system and discover how to handle employee compensation properly with the Payroll and Tax Administration course from UCT.
Online
6 Weeks
70,058 INR Quick Facts
| Medium Of Instructions | Mode Of Learning | Mode Of Delivery |
|---|---|---|
| English | Self Study | Video and Text Based |
Course Overview
According to Deloitte, 39% of organizations have migrated to the cloud-based accounting system. Poor tax and payroll administration may cost a company both money and time, and it is likely to annoy and discourage staff. The Payroll and Tax Administration online course by UCT is intended to provide the knowledge and abilities needed to handle critical bookkeeping-related duties.
Payroll managers who are up to date on the latest regulations and industry standards are thus a great addition to any organisation. The Payroll and Tax Administration Training teaches essential ideas underlying individual and company taxation, as well as develops an understanding of how VAT returns and eFiling function.
According to research by the South African Payroll Association, an organized payroll department boosts the morale of employees. The Payroll and Tax Administration syllabus covers various payroll packages and systems and considering staff availability the tools needed to manage employees' salaries properly and efficiently to maintain a happy workforce.
The Highlights
- University of Cape Town offering
- Projects and assessments
- 6 weeks duration
- Online learning
- 7-10 hours per week
- Self-paced learning
- Shareable certificate
- Course provider Getsmarter
- Downloadable resources
- Split option of payment
Programme Offerings
- Live polls
- quizzes
- Self-paced learning
- video lectures
- online learning
- Infographics
- Offline resources
- Case studies.
Courses and Certificate Fees
| Certificate Availability | Certificate Providing Authority |
|---|---|
| yes | UCT Cape Town |
Fee type | Amount |
Payroll and Tax Administration fees | Rs. 70,058 |
Installment Plan :
| 1st installment | Required before: 2025-01-17 | Amount Due: ₹35,029.00 INR |
| 2nd installment | Required before: 2025-02-16 | Amount Due: ₹35,029.00 INR |
Eligibility Criteria
Certification Qualifying Details
To qualify for the Payroll and Tax Administration certification, Students will have to finish the learning course modules, complete the minimum percentage of required attendance, and give projects and assignments on time. Candidates must participate in the quizzes, live polls, and other classroom activities. A series of online submitted course practicals and assignments are used to assess students. All the requirements mentioned in the course handbook should be met to qualify for certification.
What you will learn
After completing the Payroll and Tax Administration, Candidates will get a current grasp of payroll processing and tax regulations that they can directly apply to their scenario. Candidates will learn how to guarantee that their company complies with rules and regulations. Candidates will also learn how Human resource management to adjust and manage wages while considering staff availability.
Who it is for
- Anyone who wishes to enhance their understanding and skills in tax and payroll administration can join the course.
- Bookkeepers, payroll clerks, Accountants, Financial advisors, and finance department executives who are already active in the payroll and taxation field.
- Business owners with no prior experience in accounting, bookkeeping and finance, who want to learn about the core toolbox for establishing a payroll department.
Admission Details
For admission in the Payroll and Tax Administration online training, follow the steps outlined below:
Step 1. To visit the official course page, go through the official URL.
Step 2. Click the ‘Register Now’ button to start the registration
Step 3. Read and agree with the terms and conditions to continue
Step 4. Fill in the personal details to create an account
Step 5. Provide the billowing address and optional details of the sponsor
Step 6. Pay the fee cost and begin your class on Getsmarter
The Syllabus
- Outline the current South African tax system
- Review the tax tables and available rebates
- Define what ‘gross income’ is
- Explain how exempt income and deductions work
- Review basic tax concepts by working through a comprehensive example
- Describe the SARS eFiling service
- Identify the applicable basic tax concepts for individuals
- Explain how allowances work
- Explain the taxation of fringe benefits
- Discuss lump sum payments on retirement
- Explain how capital gains tax works
- Explain donations tax
- Review estate duty and examine the significance of tax residence
- Explain provisional tax
- Demonstrate the applicable tax concepts that are relevant to individuals
- Explain the principles of gross income and recoupments
- Review the basic principles of general deductions
- Outline the various forms of business organisations and their tax treatment
- Explain value-added tax and how it is calculated
- Identify who is required to and who may register as VAT vendors
- Show the different tax categories and types of supplies
- Calculate VAT liability, including when input VAT is denied and how to apportion and adjust VAT
- Choose which business tax concept would be applicable in different scenarios
- Outline the basic principles around special allowances and deductions
- Explain the concept and application of capital gains tax
- Review STC and dividends
- Interpret the usefulness of small business corporations in terms of an example company
- Describe the benefit of turnover tax in terms of an example company
- Explain provisional tax
- Show how eFiling works in relation to advanced tax concepts
- Calculate the taxable income and apply VAT principles to a case study business
- Explain the basics of payroll
- Outline the differences between employees’ tax and income tax
- Discuss the Basic Conditions of Employment Act
- Interpret the basics of the Labour Relations Act
- Apply the basic principles of PAYE
- Calculate UIF and SDL
- Investigate Workmen's Compensation
- Select the appropriate principles of payroll that apply to given examples
- Discuss leave policies and how to take these into account for payroll purposes
- Calculate employees’ tax
- Complete an EMP201 form
- Investigate the use of the EMP501 form
- Categorise the payroll systems and packages
- Analyse payroll administration considerations in terms of practical examples
Instructors
UCT Cape Town Frequently Asked Questions (FAQ's)
Payroll calculations are based on the payment regularity and hourly compensation of employees.
To calculate the payroll, multiply the annual wage by the number of billing cycles in the year.
The 3 types of taxes are: proportional, regressive, and progressive.
Taxation not only funds essential public services; it also plays an important role in the social compact that exists between people and the economy.
The Payroll and Tax Administration online course offered by UCT is the best in the industry.