Introduction To Payroll Systems - Qp6
8 Questions
| Total Attempts: 1739
Questions and Answers
- 1.With the advent of the Universal Tax credit system information needed to be up to date and accurate to avoid people being under- or over-paid tax credit.
- A.
True
- B.
False
- 2.All commercial payroll software had to be modified to make it ‘RTI-compliant’, that is, be able to interact with the RTI system.
- A.
True
- B.
False
- 3.The Full Payment Submission (FPS) has replaced the ______ end-of-year returns.
- A.
P14 and P30
- B.
P10 and P35
- C.
P14 and P35
- D.
P10 and P30
- 4.The Full Payment Submission is used to notify HMRC of any corrections that were made to employee pay or if there was no employee payments made this pay period.
- A.
True
- B.
False
- 5.An employer should be registered with HMRC as soon as they employ staff, or are planning to employ staff.
- A.
True
- B.
False
- 6.With a computerised system, there is a report for every employee, with all the salary, PAYE and NIC data needed by HMRC.
- A.
True
- B.
False
- 7.Running a computerised payroll system is a lot easier than running a manual payroll system.
- A.
True
- B.
False
Questions: 12 | Attempts: 3953 | Last updated: Oct 7, 2015
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Sample QuestionThe employee information must be processed and paid legally and with accuracy and confidentiality as required not only by law, but also by the organisational regulations and processes.
Questions: 14 | Attempts: 2674 | Last updated: Oct 7, 2015
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Sample QuestionNet pay is the total amount payable to the employee before any deductions have been made.
Questions: 11 | Attempts: 2510 | Last updated: Oct 7, 2015
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Sample QuestionPAYE is the process by which employers deduct income tax from the wages and salaries of their employees and pay over to HMRC.
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