NZ Payroll Community

The October 2011 release of the Payroll Specifications.

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KiwiSaver members who qualify for the first home deposit subsidy will not be taxed on the subsidy, Revenue Minister Peter Dunne has announced. “Changes made to the tax rules by Order in Council this week allow the deposit subsidy to be treated as a social assistance suspensory loan. “Provided recipients meet all conditions and live […]

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Minimum Wage – From 1st April 2009 There are three groups to calculate minimum wages for. These are the ‘Adult Minimum Wage’, ‘New Entrant’s Minimum Wage’ and ‘Training Minimum Wage’. Adult Minimum Wage This applies to all workers who are 16 years old and over who are not new entrants or trainees. The adult minimum […]

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See attached… Software Developers News December 2009

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The IRD has released the latest draft specification document for the next tax year. You can view the document by clicking HERE and then selecting “Draft Payroll Specification”.

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Unknown to many people are a group called the  Software Development Liaison Unit within the IRD. Their job is to work with software developers in scoping and implementing new legislation into the various payroll software packages available. You can view their current Newsletter below. Software Developers News November2009

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Cabinet has given the go-ahead to proceed with legislation to simplify the administration of student loan repayments, Revenue Minister Peter Dunne announced today. The impact of the proposed changes on borrowers was the subject of extensive consultation in June, in which people’s views were sought through an online forum and written responses to a government […]

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The following legislation has just been passed. Employer payments and allowances: The law has been clarified to ensure employer payments for relocation and overtime meal allowances are tax-free, thus removing long-standing uncertainty in the law and saving time and money for everyone involved.

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The Government has just passed legislation allowing for Payroll Giving. “The eagerly awaited payroll giving scheme for charitable donations, which will operate through the tax PAYE system, will come into being three months from the date the new legislation receives Royal assent, which probably means before Christmas. Under the scheme, people whose employers sign up […]

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The latest newsletter from the IRD that goes out to all registered Software Developers.  Articles in this issue: Software Developer Liaison Unit (SDLU) Turning off the printed IR345 Integration of Ir-File with payroll products Payroll specification The “Big Bill” Payroll Giving Victoria University Tax Working Group Keeping your finger on the pulse Upgrade of info […]

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