Assignment 2 RQF Sample Assessment Model Answers and Marking Scheme Paper No: A1022. Qualification:

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1 Assignment 2 RQF Sample Assessment Model Answers and Marking Scheme Paper No: A022 Qualification: 48 Level 3 Certificate in Payroll Administration 60/9047/4 Unit 260 Payroll Processing T Written for Tax Year 206/207 Suggested time: 2 HOURS 70 marks available 49 marks required to pass International Association of Bookkeepers, Suite 5, 20 Churchill Square, Kings Hill, West Malling, Kent ME9 4YU Tel: , Fax: education@iab.org.uk

2 QUALIFICATION TITLE: IAB LEVEL 3 CERTIFICATE IN PAYROLL ADMINISTRATION ASSIGNMENT 2 (Sample) Model Answers UNIT : PAYROLL PROCESSING Paper No. A022 Part A PART B Calculate the Gross Pay for the Workshop employees (for hours worked Week ended 9 th April 206 Questions relating to the processing of the payroll using HMRC Basic PAYE Tools Kit TASK Employee Name Normal hours worked Type of starter Geoffrey Bourne 30 hours or more Existing Employee Employee Name Paid on an irregular basis: Have you already paid this employee since 6 th April Linda Graham NO NO 4 marks IAB Level 3 Payroll. Assign 2 SAM AB 206/207 final

3 TASK 2 PAYROLL SUMMARY Processing date: Payment date: G Bourne S Miles L Graham J Piper S O Donnell PAYROLL TOTALS Gross Pay Pre-tax deductions: E ee Pension Payroll Giving Statutory deductions: Income Tax Employee s NIC Student Loan Repay. 9 Post tax deductions: Private Health Ins 3 3 Company Loans 5 Attach. To Earnings NET PAY Expenses Employer s NIC Employer s Pension marks IAB Level 3 Payroll. Assign 2 SAM AB 206/207 final 2

4 TASK 3 Gross Pay E ers NIC E ers Pension Statutory Payments Reclaimable Expenses (Mileage) Cost of Wages marks TASK 4 PAYROLL SUMMARY Processing date: Payment date: Employee Gross Pay E ee Pension Income Tax Payroll Giving E ee NIC Private Health Net Pay E er NIC E er Pension James Piper Sinead O Donnell marks TASK 5 Employee Name Taxable Gross Pay Stuart Miles Total Tax paid to date Total E ee and E er NIC marks IAB Level 3 Payroll. Assign 2 SAM AB 206/207 final 3

5 TASK 6 HM Revenue & Customs Employer: Tax Year: Employee: Mrs Linda GRAHAM Review leaver details The leaving details for this employee are shown below. If all of the details are correct click the Next button to continue. If the date of leaving is incorrect click the Back button to correct it. If any other details are incorrect click the Cancel button and amend the relevant details before returning to enter the leaving date. Review leaver details Employer Name: Employer PAYE Reference: Employee s Name: Employee s Address: Gender: 23/B85672 Mrs Linda Graham Little Croft Samsons Lane Stockbridge Hampshire SO20 3PE Female Date of birth: 4/06/952 Employee s National Insurance Number: Payroll ID: Employee s pay frequency: NA45924C BB007 Monthly Employee s leaving date: 3/05/206 Tax code at date of leaving: 00L Tax code operated on a week /month basis: NO Student loan deduction: NO Pay period of last payment: 2 Total pay to date for tax year: Total tax to date for tax year: marks IAB Level 3 Payroll. Assign 2 SAM AB 206/207 final 4

6 TASK 7 Section on FPS Meaning Entry on FPS Employment/DirectorsNIC Letters shown for Directors NIC AN Figures to date/taxablepay Taxable Pay to date Payment/HoursWorked Letter shown for Hours worked D In NI Letters and Values section Gross Earnings for NICs YTD 776 Total Employer NIC YTD Employee contributions YTD 6 marks TASK 8 Tax Period Total Payments due to HMRC for each period (06 Apr 05 May) (06 May 05 Jun) marks IAB Level 3 Payroll. Assign 2 SAM AB 206/207 final 5

7 TASK 9 Wages information Net Pay Gross Pay Employee NIC Employer NIC Income Tax Statutory Additions to Pay Compensation on reclaimable Statutory Additions Voluntary deductions Student Loan repayments Employee Pension Contributions Employer Pension Contributions Employer subsidies on voluntary deductions such as gym membership, private health insurance etc. Included in Cost of Wages X X X X X X Not included in Cost of Wages X X X X X X 6 marks End of Assignment IAB Level 3 Payroll. Assign 2 SAM AB 206/207 final 6