Legislation introduced in the Taxation (Consequential Rate Alignment and Remedial Matters) Bill received Royal assent on 7 December. The bill was introduced in July 2009 and passed through its final
Year: 2009
[IRD] Taxing regular bonuses
[IRD] Taxing lump sum payments
[IRD] Mileage rate for employee reimbursement and self-employed people
To help in calculating an employee’s reimbursement when they use their private vehicle for work purposes use the following link on the IRD website: http://www.ird.govt.nz/payroll-employers/make-deductions/staff-benefits/allowances/emp-deductions-allowances-mileage.html#02
Should the performance of payroll be measured?
In any business measures are used to indicate how it has performed. Should this apply to payroll? If Yes what measures should be used? If No Why?
[DOL] Working out your employee’s parental leave entitlement
By answering a range of questions you can quickly work out what is your employee’s parental leave entitlement. To use this online tool use the following link: http://www.ers.govt.nz/PaidParentalLeave/EM.aspx
[IRD] Calculate tax on holiday pay – 2010
This calculator is only for pay periods ending between 1 April 2009 and 31 March 2010 (inclusive). This calculator works out how much PAYE to deduct from an employee’s holiday
[IRD] PAYE Online Calculator
This useful feature on the IRD website allows you to double check what your system is doing in regard to PAYE. For manual payroll users it far better than using
[DOL] Christmas and New Year Holidays and Leave
This year’s Christmas and New Year public holidays are a bit tricky as they fall partially on the weekend. The public holidays for Christmas and New Year’s Day fall on a
[IRD] Tax Information Bulletin Vol 21, No 8 (October/November 2009)
The latest issue of the Tax Information Bulletin Vol 21, No 8 (October/November 2009) is now available at: www.ird.govt.nz/aboutir/newsletters/tib/ This latest issue of the TIB is in two parts.
Employment law review coming
The laws, called continuity of employment provisions, affect industries such as cleaning, food and laundry services where work was often contracted and changes to contracts can create restructuring or redundancy
IRD -Draft Payroll Specification for 2010 / 2011 now available
IRD [taxpolicy] FBT rate for low-interest loans down
The prescribed rate used to calculate fringe benefit tax on low-interest, employment-related loans has been set at 6.00%, down from 6.41%, from 1 October. For more information see the
IRD [taxpolicy] Tax bill introduced
The Taxation (Annual Rates, Trans-Tasman Savings Portability, KiwiSaver, and Remedial Matters) Bill was tabled in Parliament today. The bill introduces changes to the tax rules to allow New Zealanders returning
[DOL] WHAT ARE THE RULES FOR THE CHRISTMAS AND NEW YEAR PUBLIC HOLIDAYS THIS YEAR?
This year Christmas Day and New Year’s Day fall on a Friday, and Boxing Day and 2 January fall on a Saturday. There are no special rules for Christmas Day
[DOL] WHAT ARE THE RULES FOR THE CHRISTMAS AND NEW YEAR PUBLIC HOLIDAYS THIS YEAR?
This year Christmas Day and New Year’s Day fall on a Friday, and Boxing Day and 2 January fall on a Saturday. There are no special rules for Christmas Day
IRD – November issue of Business Tax Update
In this issue you can read about the new payroll giving scheme, direct credit refunds, relocation payments and overtime meal and sustenance allowances, KiwiSaver contact centre hours, tax pooling, making
Payroll Giving Signed Into Legislation
Payroll software companies are soon to play an important role in the promotion of charitable giving in New Zealand according to Heather Newell, a specialist in fundraising for the non
Software Developers Newsletter November 2009
Software_Developers_News_November_2009.pdf
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