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IRD Software Developers Newsletter

Sep 7th, 2009 by

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 for software developers
  • E-File Developers Strategic Forum
  • Transform IR
  • eGST Project
  • Implementing Standard Business Reporting in New Zealand

Software Developers – Newsletter- Sept 2009

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Lane Neave’s Briefs Newsletter

Sep 7th, 2009 by

In this issue:

  • Dispute Tribunal Changes
  • Bill for Compulsory Redundancy Compensation Introduced
  • Argument over $7 costs employer thousands
  • Air New Zealand v V – the test of justification

Lane Neaves Newsletter

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NZPPA Holidays Act Submission

Sep 7th, 2009 by

Attached to this post is the submission made by the NZPPA (New Zealand Payroll Practitioners Association).

Have a read and let us know what you think.

NZPPA Holidays Act Submission

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Posted in Payroll Comment | 1 Comment »

A Practical guide to NZ Payroll Administration

Sep 4th, 2009 by

If you are after a book that covers all the payroll stuff you need to know check out this link from SmoothPay.

It covers everything you need to know from:

  • Setting up and running a Pay Office
  • Employment Law
  • Tax Administration

The cost is $50 from SmoothPay, a saving of $39.96

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New JobStart scheme for School Leavers

Sep 4th, 2009 by

A new charity has been established to assist in the process of getting school leavers into employment.

It’s called the JobStart Charitable Trust, click HERE for their website.

Tanya Nissen, Recruitment & Support Manger, outlines these as the key features of JobStart:

  • Pre-screening & short-listing of Candidates for entry level positions in all industries
  • Interview coaching
  • Reference checking
  • Regular mentoring & support for the young person
  • Support for the work-place supervisor
  • Provision of a relevant study plan
  • Employers may be eligible for a Job Ops Subsidy

Nissen says “We understand the issue sthat many young people face when first starting out in a career and recognise the importance of regular mentoring.  Being a small, locally managed organisation, we are able to provide a unique level of personalised service – and that means more efficieny, friendliness, honesty and, above all the ability to provide the right candidate for the job”.

JobStart Charitable Trust

www.jobstart.co.nz

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Does a Bonus form part of Holiday Pay?

Aug 31st, 2009 by

This is a common questions asked of the Payroll Professional and the simple answer is Yes and No!

As a rule of thumb, if a bonus is deemed part of your normal salary or wage package as outlined in your contract then the answer is Yes it should add to Gross for Holiday Pay calculations.

However, if the Bonus is deemed to be ‘discretionary’ in that it is not contractual, then it does not have to add to Holiday Pay calculations.

You should pose the question to your Payroll Department to see how they are handling Bonus payments (also Sales Commissions) as in practice many employers interpret this differently.

The Department of Labour has this to say on the matter, DOL Response.

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90 Day Trial Period Issue

Aug 28th, 2009 by

Employers Assistance Ltd have found that many employers are coming to grief when dismissing employees during the 90 Day Trial Period as they are giving reasons for terminating the employment relationship in their dismissal letter.

This exposes the employer to a claim of ‘disadvantage or discrimination’ which can be expensive.

You can download this complimentary letter to avoid this situation Employers Dismissal Letter

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2009 National Employers Wage & Salary Survey

Aug 25th, 2009 by

If you are interested in taking part in the above survey or wish to purchase the survey report then check out their website HERE!

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Who qualifies for the new weekly $10 tax credit?

Aug 25th, 2009 by

If you earn between $24,000 and $48,000 a year and don’t currently receive Working for Families, Tax Credits, a benefit, NZ Super or a Veteran’s pension, then you could be eligable for the new independent earner tax credit.

Receiving your $10 a week could be as simple as changing your tax code to ME (or ME SL for people with a student loan).

Ask your Payroll Professional if you are unsure if you qualify, or check out the IRD website.

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Holiday Pay Calculations

Aug 25th, 2009 by

One of the many reasons for purchasing payroll software is the calculation of holiday pay. This can be time-consuming if you are processing your payroll manually and consequently is often only paid at the current rate of pay.

When an employee takes leave, according to the Holidays Act 2003, they must be paid at either:

Their employees ordinary rate of pay or the average rate of pay calculated over the past 52 weeks, whichever is the greatest.

If your employee works irregular hours or days making it not possible to determine their ordinary pay, you would take the average over the previous four weeks, and use this rate as their ordinary rate of pay.

FiveStar Software Ltd’s ‘Payroll Pro‘ makes all these calculations for you and highlights the most relevant rate of pay for your employees.  If you are looking for an easy to use payroll package with instructional videos then click HERE!


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