This half day course deals with the most important legislation covering Redundancy and Termination Payments. It outlines the main provisions of the Redundancy Payment Acts 1967-2007 and explains how these principles are applied. It also covers the PAYE/PRSI, Health Levy and Income Levy treatment of termination payments. The course is delivered in a down to earth practical manner and it highlights the most common problems which employers have to contend with and offers practical solutions. It also highlights PRSI problems which often lead to overpayments by employers which most payroll software does not adequately deal with. The course includes a question and answer session and a comprehensive course manual is provided which will prove to be of immense value as a future reference document. This half day course will answer many of your unanswered questions.

 

Redundancy payments Acts 1967 - 2007	Termination Payments
Who is covered by this Act and who is not? When does a redundancy situation arise? What are employers obliged to do and what are their employee's entitlements? How are redundancy payments calculated and how are they paid? What is reckonable service and what is excluded in calculation reckonable service? How does "Short-time" and "Lay-off" affect redundancy? What is a Collective Redundancy?	What are the tax implications of making a termination payment? What are the Revenue reporting requirements? How to calculate how much of a termination payment is exempt from income tax and PRSI. What exemptions apply? What is Top Slicing Relief? What are the employer's obligations?

Benefits for employers.

• Know your obligations and your employees' entitlements under the Redundancy Payments Acts 1967-2007.

• Avoid the most common mistakes made by employers which can often result in costly litigation.

• Avoid the overpayment of PRSI on Termination Payments.

Who should attend this course?
This course is ideal for Payroll, HR and Finance Managers and staff and runs from 10.00am - 1.00pm.

1 Delegate:	€150
2 Delegates:	€300
3rd Delegate:	Free