Fiscal allowances & (un)taxed expense allowances

Instructor
Matthew Verhage
Category
Payroll
Course 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.

You will learn about

Basic discount
Child allowance
Single earner allowance
Elderly allowance
Untaxed allowances
Taxed allowances
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