FOR

Senior payroll practitioners or consultants that are wanting more understanding of complex payroll calculations in a range of 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.

COURSE ACCESS

All learning activities are available through the eLearning environment. On starting the course, a course manual will be couriered to the student as the guide for the course.

Students can also access information that can be downloaded and can use a range of external links to websites and other resources.

Activities and assessments can then be accessed from the eLearning environment, uploaded, marked, and reported online to the student.

You will also have access to the course material in the form of an online flipping book if you wish to start before the physical course material arrives.

DURATION:

As an online course once the course start date is booked the course will be available for six weeks only. Additional extensions can be requested based on work or other events if needed.

COURSE CONTENT

Holidays Act 2003:

• Defining payments to be included in different periods of gross earnings.
• Discretionary payments
• How does backpay impact Holidays Act gross earnings
• Double dipping issues with taxable allowances and their impact on the Holidays Act
• 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 gross earnings in the future.

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 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 does it relate to other leave provided by law
• How purchased, taxed, and issues to be aware of.

Paying a deceased employee final pay (termination payment less than 15,000)

• What are the requirements
• Steps to take
• Paperwork required

LEARNING OUTCOMES

At the end of the course, participants will be able to:

• Calculate a range of advanced payroll calculations.
• Ensure compliance with legislative requirements is undertaken.
• Understand the difference between agreed terms and legislative requirements by law for a range of advanced payroll calculations.

On completion of the course, attendees will receive a Certificate of Attendance.

NZPPA CERTIFICATION:

This course in part will help in completing the online assessment requirements for NZPPA Certification to be a recognised payroll professional.