CIPP Prospectus

KEY INFO

TERMINATION PAYMENTS

Duration

Half day

Delivery

Aimed at payroll supervisors, and payroll or HR managers. Also anyone responsible for the calculation of termination packages and / or requiring awareness of the tax rules applicable to these payments.

Virtual classroom

CPD

Why you should book? Termination payments are a complicated area of payroll with numerous (and sometimes) interchangeable terms describing different kinds of payments which attract a variety of tax and NIC liabilities. The payroll department is usually called upon to navigate through this labyrinth. From detailing the variety of common payments which form part of a termination package, this course examines their correct tax / NIC treatments and their correct application in a variety of circumstances, from redundancies to contractual breaches, retirement and death in service.

3 points

Book online

Course content ● Outlining the contractual implications of termination payments ● Outlining the tax and NIC treatment of termination payments

● Identifying the components of a termination payment ● Administer Post Employment Notice Payments (PENP) ● Outlining correct practices for termination payments for death in service and retirement incidences

Full course content can be found at cipp.org.uk/training

38 For more information please visit cipp.org.uk , email enquiries@cipp.org.uk or call 0121 712 1000.

Made with FlippingBook - Online catalogs