Payroll exam questions

[Confused and learning]

Hi all

I am currently taking my Payroll exam and have a few questions I would like clarification on please.

1) I have an employee currently on maternity leave receiving smp and an annual bonus is due. -- Do I calculate the bonus for this employee pro-rata from the beginning of the year up to the date she went off on maternity leave?

2) For my exam I have chosen pay year 2007/08. So the first payday will be 06.04.07. (Weekly staff paid each Friday and monthly staff paid last Friday of month) One of the questions is to alter a tax code at the beginning of week 6. Would I alter it for processing day 11.05.07? (sounds like a very blonde question but I think the more I think about it the more confused I get) Also have to change a tax code for a monthly paid employee at the beginning of week 4. Week 4 happens to fall on the pay day (last Friday of month - 27.04.07) So if I amend the tax code on week 4 which is the first pay day of the financial year for the monthly paid staff - this in effect will alter the tax code from 06.04.07 (week 1). Should I alter the tax code when I process month 2/week8? But then that will be the end of week 4? Ooohhhhh..... so confused.

3) How do I calculate a bonus paid to hourly paid employees. The criteria is 4.5% of annual salary. The hours worked are all different too?

Hope you can guide me....

Thanks
Nikki :redface:

[Blackberry]

sorry but I think you should be doing this yourself - it is an exam after all!

Any help you get here is nothing more than cheating!!

[elainec100@cheapaccounting]

Hey we didn't have access to t'internet in an exam. Is this progress :rolleyes:

Well OK before someone says it - there wasn't an internet when I did my exams. In fact PCs were the size of buses then - those were the days :p

[Confused and learning]

Hi Blackberry - Thanks for the comment. Just clarification was needed thats all. :p

[Accesspat]

gee i was looking forward to the answers too