Introduction To Payroll Systems - Qp6

8 Questions | Total Attempts: 1739

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Introduction To Payroll Systems - Qp6

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

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