NVQ Level 2 Accounting Unit 3 : Recording Payroll Transactions

This text provides everything the student needs to know for successful progress through the NVQ route to accounting qualifications.

Dealing with payroll, the book provides the necessary theory followed by worked examples in the preparation of wages payroll, monthly salaries payroll and making returns to the external bodies - ie, the completion of the Annual Income Tax Form 35 and its reconciliation.

The book also covers dealing with income tax and NH Insurance procedures, as well as the double entry for wages control accounts.