Where the payroll people have their say…
Posted in Payroll Comment on Jun 2nd, 2010
Payroll software companies Smoothpay and Acepay are both offering MYOB customers special pricing to help them move to their respective products. Ace Pay is offering all MYOB users a special ‘cross grade’ price of $250 plus GST instead of the standard $795 plus GST. Smoothpay is also offering a special ‘cross grade’ price of $250 […]
Posted in Inland Revenue on May 4th, 2010
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 […]
Posted in Kiwisaver on Sep 18th, 2009
An update to Kiwisaver legislation has also been passed. “A change to the KiwiSaver law allows families of members who die to have quick access to funds in the dead member’s account. With effect from 1 July 2007, up to $15,000 from a dead member’s account can be paid out directly to nominated persons, without […]
Posted in Kiwisaver on Aug 18th, 2009
Did you know that over $700million (approx $650 per KiwiSaver employee) can still be claimed at no expense to employers? During the year ending 31 March 2009, the government provided a rebate on employer KiwiSaver contributions of up to $20 per week, per employee. Most NZ employers did not take advantage of this free subsidy […]
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