AAT TPFB case studies

Tax Processes for Businesses (TPFB) is a unit within the AAT Level 3 Diploma in Accounting, aimed at people who already have a grounding in bookkeeping and who now need to handle indirect tax and payroll in a working finance role. It suits accounts assistants, bookkeepers and payroll administrators who post VAT and payroll entries and deal with HMRC on a routine basis. The syllabus is organised into four connected areas: the principles of VAT, including registration, the different categories of supply, invoicing and record keeping; preparing and completing VAT returns, covering VAT accounting, adjustments, submission and payment; the principles of PAYE and payroll administration, including PAYE, NIC, statutory payments and deductions; and processing payroll transactions and reporting to HMRC, which covers payroll records, real time information submissions and payments over. Because the two halves are examined together, candidates need to be as comfortable with dates and cut-offs as with arithmetic. The AAT TPFB case studies are 5 cases and about 3,784 words.