Who should do Business Payroll course Level 1 benefits?
Small business owners looking to streamline their payroll processes |
Entrepreneurs wanting to understand payroll regulations and compliance |
HR professionals seeking to enhance their payroll knowledge |
Accountants wanting to offer payroll services to clients |
According to the Federation of Small Businesses, there are over 5.9 million small businesses in the UK, accounting for 99.9% of all businesses. These businesses employ over 16.3 million people, highlighting the importance of efficient payroll management.
Understanding payroll regulations is crucial for businesses of all sizes. In the UK, non-compliance with payroll regulations can result in penalties of up to £3,000 per year, per employee. This course will equip you with the knowledge and skills to ensure compliance and avoid costly fines.
HR professionals play a vital role in managing payroll processes within organisations. According to the Chartered Institute of Personnel and Development, 72% of HR professionals believe that payroll is a key function of their role. This course will help you enhance your payroll knowledge and skills to excel in your HR career.
Accountants are increasingly offering payroll services to their clients as part of their service offerings. According to the Association of Accounting Technicians, 67% of accountants now provide payroll services to small businesses. This course will enable you to expand your service offerings and better serve your clients.