Level 2 Certificate in Payroll 601/9046/2

Overview

Developing skills and underpinning knowledge of payroll record keeping and processing and recording of payroll information and transactions, in both a semi-manual and computerised environment

The qualification is made up of:

1 – Online Knowledge Test
2 – Online Assignments
1 – Examination

Who is this qualification for?

The Level 2 Certificate in Payroll qualification is specifically aimed at learners who wish to further their studies of payroll and gain a qualification at Level 2 of the regulated qualification framework, either from a point of no previous knowledge, or having already achieved the IAB Level 1 Award in Payroll

The qualification will appeal to those learners who already have some practical knowledge and skills and wish to gain an accredited qualification in the subject of payroll.

Learners who are considering a career as a self-employed practitioner will find the course invaluable, as will businesses owners who would like to be actively involved in the gathering and processing of payroll data and keeping of payroll records for their business.

What you’ll study

This qualification is made up of the following units:

Fundamentals of employment legislation and payroll processing – H/508/5790

  • Understand data protection and data security legislation in relation to payroll
  • Understand the general principles of legislation relating to the processing of the payroll
  • Understand the information required to prepare an employee payroll record
  • Understand what constitutes gross pay for different payroll periods
  • Understand the principles of  PAYE and NIC legislation and operation in the UK
  • Understand the requirements for processing and submitting payroll information
  • Understand the procedures to adopt when dealing with a leaver
  • Understand the principles of repaying Student Loans through the payroll.
  • Understand the principles of Statutory Additions to, and deductions from pay
  • Understand the need to complete period end payroll procedures within given timescales

Determining Gross Pay – T/508/5793

  • Be able to determine basic pay for different payroll periods
  • Be able to calculate overtime payable from given information
  • Be able to calculate additional payments from given information
  • Be able to implement permanent changes to rates of pay from given organisational information
  • Be able to apply relevant statutory additions to pay when entitlement has been determined
  • Be able to determine the final gross pay for a leaver

Processing the payroll – F/508/5795

  • Be able to use HMRC approved tools to determine income tax and National Insurance Contributions
  • Be able to determine voluntary, statutory and other non-standard deductions
  • Be able to complete forms for a leaver for internal and external purposes
  • Be able to produce relevant internal pay period reports
  • Be able to record and reconcile pay and deductions totals for internal and external purposes

Computerised Payroll Processing – H/508/5787

  • Be able to set up and maintain company, pension and employee records using commercially available payroll software
  • Be able to process payroll accurately for a variety of pay periods using organisational procedures and timescales
  • Be able to produce statutory and non-statutory reports
  • Be able to back up and restore data when required

Learning Resources Available

Learning resources covering this qualification can be found here

How much will it cost?

Student’s studying or wanting to study through a training provider, (classroom based or distance learning) should contact potential training providers to get an idea of the total cost for the qualification. As the majority of the training providers will include the IAB registration fees into their own fee.

For self-study students, (those studying without a training provider) The fee would be £160

This fee covers the following:

  • Registration onto the qualification
  • All IAB assessment fees (excluding re-sits)
  • Certification upon successful completion of all assessments
  • Free IAB student membership for 1 year (click here for a list of student benefits)

If you want to find out more about self study please click here

How is it assessed?

This qualification is made up of:

1 – Online Knowledge Test

Online Knowledge tests are a series of independent short answer questions made up of multiple choice, gap fill, and true or false type questions. They are assessed via IABOnline and are open book. This might be taken in class or at home

2 – Online Assignments

Online Assignments are also assessed via IABOnline and are also open book. These are taken in class or at home and are short case study type questions with several tasks for each case study

1 – Paper Examination

Paper Examinations these are assessed under examination conditions. There will be a scenario which will be worked through on a computerised payroll package. A series of printouts will be generated throughout the examination and at the end. These printouts will then be submitted back to the IAB via the exam centre.

Examinations can be taken in any month and on any day (subject to the examination centre). This means that you can move up through the levels quickly as well.

Examinations require a minimum of 5 weeks notice in the UK and 8 weeks for those outside of the UK, before the examination date. This allows us enough time to process the registrations and get the examination papers dispatched

Next steps after passing

Upon successful completion of this qualification you could move onto one of the following:

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