What to do When Someone Dies in Service (Jul 24)
Category: Tax | Duration: 1hr | Tag: VODUK2449| Type: Video | Course Level: Intermediate | Speaker: Tim Kelsey | Date: 30/07/2024 10:00
Course Details
The average statistical chances of dying each day in the UK for the general population are 1 in 38,667 which makes dying about 1,100 times more likely to happen to any of us over the weekend than winning the Lottery. Recently public policy has been focused on the impact of increased life expectancy on the public finances, but inevitably any payroller will have to deal on a regular basis with the impact of death in service. As caring professionals we will all want to extend the maximum possible assistance and compassion to the bereaved. But what should we be doing legally when someone dies in service?
What is covered:
- Calculation of final salary
- Taxation in death
- National Insurance liability
- Where to pay final salary
- The deceased’s estate
CPD Course Speaker
Kelsey’s Payroll Services Ltd
Tim Kelsey
Tim has worked in the Payroll Industry for 33 years, for many years as a Payroll Manager for large UK organisations paying up to 18,000 employees. His particular specialism is international payroll, and he has run payrolls from Kingston, Jamaica to Entebbe, Uganda, and most places in between. In 2007 he formed his own company, and now spends much of his time writing and lecturing on all aspects of global payroll. He is a regular lecturer for PayrollOrg, IPASS, CIPP and many more payroll and HR training companies covering payroll rules in countries such as the UK, China, India, France and Germany.
When not lecturing or writing, he also provides a range of specialist consultancy services to the industry, primarily focused on international payroll requirements. He has contacts within the payroll industry around the world and likes nothing more than to talk “payroll” at global gatherings!
When not lecturing or writing, he also provides a range of specialist consultancy services to the industry, primarily focused on international payroll requirements. He has contacts within the payroll industry around the world and likes nothing more than to talk “payroll” at global gatherings!