Overview of Payroll in Nigeria

This course is aimed at those Payroll & HR Professionals who are processing or managing Vendors who process Payrolls in Nigeria and need to understand the legislative and legal requirements involved.

Having attended this course delegates will have confidence that they understand the fundamentals of payroll processing in Nigeria, are clear about employer obligations, know what they need to do on both a periodic and annual basis, can answer employee queries and check payslips. Even if payrolls are outsourced it is still the employer’s responsibility to ensure all obligations are met and that tax and social security are correctly processed. This course not only gives you the information you need to be compliant but also ensures you know exactly what information should be given to a payroll provider and the various tasks they should be completing on your behalf.

✓ Country Information
 ✓ Public Holidays

Summary of Country-Specific Rules
 ✓ Employee Taxes
 ✓ Social Securities
 ✓ Statutory Levies
 ✓ Tax Credits, Incentives (NPS, NHF, NHIS, NSITF)
 ✓ Termination Payments

General Labour Law
 ✓ Working hours

Company Configuration
 ✓ Basic Company Information
 ✓ Taxation Methods

Company Payroll Components
 ✓ Automated Allowances
 ✓ Statutory Components
 ✓ Periodic Components
 ✓ Benefits in kind
 ✓ Country Specific Components

Employee Configuration
 ✓ Employee Basic Profile
 ✓ Tax Profile
 ✓ Dependents

Tax Calculations
 ✓ Calculating Taxes

Reporting
 ✓ Legislative