Payroll Administration (3 cr)

Objective

Students will be able to calculate salaries according to regulations set out in the working time and annual holiday laws and can follow orders based on tax authority decisions concerning fringe benefits and the reimbursement of non-taxable travel expenses.

Content

Basis of salaries and how they are formed, payroll administration documents
Overtime, fringe benefits, reimbursement of non-taxable expenses
Annual holiday salary, holiday pay, holiday bonus
Case task

Materials

Palkanlaskenta käytännönläheisesti 2022, by K. Mattinen, C. Orlando ja K. Parnila. Kauppakamari.
Other materials are described in Moodle.

Evaluation scale

0 - 5

Assessment criteria, excellent (5)

The students are able to calculate independently either manually or using software, salaries in line with work time legislation and annual holiday regulations taking into account tax authority regulations concerning fringe benefits and tax-free travel expenses reimbursement.

Assessment criteria, good (3)

The students are able to apply payroll calculation principles to calculate salary manually or using software. They are able to use working time legislation and the annual holiday act. They are able to enforce the regulations of tax authority decisions concerning fringe benefits and tax-free travel expenses reimbursement.

Assessment criteria, satisfactory (1)

The students are able to calculate salaries manually and using software with supervision. They are able to apply work time law and annual holiday law regulations in payroll calculation. They know the tax authority's regulations concerning fringe benefits and tax-free travel expenses reimbursement and can make use of them with supervision.