FOR

Senior Payroll practitioners or consultants who want more understanding of complex payroll calculations in various payment situations and in the configuration of a payroll system.

PURPOSE

How complex payroll becomes within a business depends on the range of terms and conditions provided to employees by their employer. This practical course will cover a range of the more complex payroll calculations used in payroll and explore when and how they are applied.

Participants will be provided with a comprehensive manual that includes fully worked examples. Participants will also undertake a range of exercises to understand these calculations.

DURATION:

1 Day

COURSE CONTENT

Holidays Act 2003:

• Defining payments to be included in different periods of gross earnings.
• Changing the working week (by agreement) and the impact on annual holiday entitlement.
• Calculating leave in hours, days and weeks to still ensure compliance.
• Converting hours, days, and weeks when entitlement changes by agreement.
• Understanding the divisor for leave calculations (AWE, OWP, ADP).
• Determining an otherwise working day when the employee works a variable work pattern.
• Transferring public holidays: Christmas/New Year, Waitangi Day and Anzac Day.
• Determining an accrual rate for annual leave based on a day/week/month (by agreement).

Payments from Holidays Act Remediation

• Effects of underpayments on gross earnings.
• How remediation payments are taxed and how it impacts on gross earnings going forward.

Parental Leave:

• Extended examples of the impact of parental leave on gross earnings for annual holiday entitlement before, during and on return to work from parental leave.

KiwiSaver, Superannuation and ESCT

• Working out on the grossed-up amount of the ESCT
• ESCT rate calculation examples
• Taxing contributions at the employee’s personal tax rate.
• Definition of salary and wages for KiwiSaver purposes
• What superannuation/KiwiSaver scheme an employer need not contribute to

Extra pays (Lump sum):

• Step through the extra pay tax calculation
• Defining the 4 weeks for extra pay (start point, what payments are included/excluded)
• Extra pay is paid outside the standard pay period
• Extra pay calculation as secondary tax

Regular Bonuses

• Calculate a regular bonus over more than one pay period
• Calculate a regular bonus over more than a month

Employee Share Schemes (ESS)

• What income is included or not included in ESS benefits
• Vesting examples
• Calculate ESS (deducting and not deducting PAYE)

Child Support

• Protected net earnings (step-to-step) walkthrough

Calculating other protected net earnings on other attachment orders

• Attachment types and example
• Hierarchy of deductions (which comes out first)

IRD Arrears payments

• Calculating Section 157 notice

Injury Prevention, Rehabilitation and Compensation Act 2001:

• Calculating the 7 days to determine the first-week workplace accident at the 80%
• Calculating a top-up payment to ACC using leave under the Holidays Act
• ACC on termination, impact on annual leave being paid out.
• Calculating abatement of compensation

NZPPA Legal & Best Practice Procedures:

Purchasing Leave Scheme

• The advantages and disadvantages of purchasing leave scheme.
• What rate?
• How it relates to other leave provided by law
• How purchased, taxed and issues to be aware of.

For multiple bookings from the 2^nd attendees 25% off, contact [email protected]