Payroll Statutories and Accounting: Session 3 Paye Theory

The Payroll Statutories and Accounting course equips learners with essential skills to manage payroll processes and statutory compliance effectively. It covers key aspects of Kenyan statutory deductions, including PAYE, NHIF, NSSF, and tax rates, ensuring accurate computation and remittance. Participants will learn payroll accounting fundamentals, generating payslips, reconciling payroll accounts, and preparing statutory returns using systems like iTax. The course emphasizes compliance with labor laws and government regulations to avoid penalties. Practical sessions provide hands-on experience in payroll software, enabling efficient payroll management for businesses. This course is ideal for HR professionals, accountants, and small business owners seeking to streamline payroll processes and maintain compliance with statutory obligations.