New legislation has clarified the treatment of relocation payments as exempt income to employees and under what circumstances. What has changed for relocation payments? The government has exempted payments (not
Archives: PayTalk
Volunteers and Honoraria Payments
The government has updated legislation regarding payments made to people who volunteer their time and service. Who is a volunteer? For the purposes of honoraria and reimbursement payments, a volunteer
What security do employess have in regard to their pay when a business goes bust?
At present, if a company goes into liquidation the liquidator must pay creditors in the following order: * Secured creditors (where debt is secured by a specific asset).* Liquidators’ fees.*
NZ Public Holiday Dates
If you want the dates for upcoming and future public holidays the Employment Relations Service (DOL) has done all the work for you, right up to 2016! Use the following
Govt to open ACC to competition
Thursday Oct 22, 2009 The Government will open ACC to competition after striking a deal that will see the ACT Party support proposed ACC legislation when it comes before Parliament
What payroll applications are used in NZ?
At NZPPA we are coming across new payroll applications every week. What we want to do is create a list of payroll applications used in NZ. Can you help us?
ACC levies set to jump
1:48PM Wednesday Oct 14, 2009 Changes to ACC are likely to cost the family on the average income of $45,000 an extra $315 a year. ACC has today released its
Special report – payroll giving (IRD)
Legislation introducing the new voluntary payroll-giving scheme for charitable donations, which comes into effect on 7 January 2010, is part of the recently enacted Taxation (International Taxation, Life Insurance, and
Resolving workplace problems (DOL)
The best way to deal with a workplace problem is to prevent it from occurring. As an employer you should make sure you have the information and guidance you
A Disciplinary Action Guide for Employers (DOL)
If you are an employer it is important to understand the law relating to disciplining and dismissing staff. Good employment relations are vital for business success and for these relationships
Guides for managing employment relationships (DOL)
Building constructive employment relationships makes good business sense: organisations with good employment relationships tend to be more successful. When problems emerge, they are best resolved promptly by the parties
IRD Payroll specification document update
There is a new version of the payroll specification document available on the Inland Revenue website at: http://www.ird.govt.nz/payroll-employers/software-developers/software-specs/ This new version includes the following: * Inclusion of
ACC levies to leap after $4.8b loss
Saturday Oct 10, 2009, from the NZHearld, By Brian Fallow Double-digit increases in ACC levies are in the offing next year after the corporation posted a $4.8 billion loss for
October issue of IRD Tax AGENTS answers Newsletter
In this issue you can read about making the L letter fit the bill, changes to student loan cover pages, client maintenance, enhancements to online services for tax agents, determinations,
IRD October issue of Business Tax Update
In this issue you can read about our redesigned KiwiSaver website, maximum paid parental leave weekly rate, child support codes, correct FBT rate, our online security, and buyer-created tax invoices
Should Payroll Practitioners be paid more for the work they do?
One of the aims of NZPPA is to gain recognition for the work of payroll practitioners. Part of this is about how much payroll professionals are being paid. NZPPA believes
Pay and Employment Equity Toolkit Available
Following the disestablishment of the Pay and Employment Equity Unit in June 2009, the Department of Labour will continue to provide to both public and private sector organisations the pay
Identifying the resilience of the New Zealand workforce in a recession
The Department offers its latest discussion paper, \”Identifying the Resilience of the New Zealand Workforce in a Recession\”. This discussion paper examines some of the potential vulnerabilities faced by
Economic Growth — June 2009 Quarter
Released on 23 September 2009 Economic activity increased by 0.1% in the June 2009 quarter following five quarters of economic contraction. Today’s result confirms that economic activity has begun to
Major Tax Bill Passes
The Taxation (International Taxation, Life Insurance, and Remedial Matters) Bill has passed its final stages in Parliament. Introduced in July 2008, the omnibus tax bill gives effect to a number