ITX06.01-PAYE and Provisional Tax: the rules-Part 1
Course code: ITX06.01
Date of presentation: 09 May 2025
Course duration: 2 hours
Course Presenter: Stephano Hartung
Level: Beginners/Intermediate
Aimed at: First and second year trainees, Bookkeepers, Junior Tax Consultants, Tax Compliance Officers, Accounting staff
Specific areas addressed:
- The PAYE regulations and definitions
- Timing of PAYE deductions, annual adjustment and non-payment to Inland Revenue
- The annual PAYE reconciliation and issuing of PAYE certificates (PAYE5's)
- Dealing with PAYE discrepancies, additional taxes, penalties and interest
- Correct completion of PAYE5 details and entering it in the Income Tax return
- PAYE on earnings from partnerships and members' salaries
- PAYE on fringe benefits