Fiscal allowances & (un)taxed expense allowances
Instructor
Matthew VerhageCategory
PayrollCourse Code
CPB3N
Application of fiscal allowances (taxable discounts) & legislation on (un)taxed expense allowances & gross/net calculations
About this course
This knowledge concerns a solid and necessary basis for Payroll Administrators and HR employees.
In this part of the training you learn to apply the fiscal allowances (Single earner, Child and Old age allowance) in the payroll administration. In addition, legislation is being discussed about the payment of cost reimbursements, and whether these may be reimbursed taxed or tax-free.
After this training you can explain the various fiscal allowances to employees, and you can calculate the amounts of the fiscal allowances to be applied in the payroll administration. In addition, you will be able to determine yourself which allowances should be paid untaxed or taxed.