For payroll Kiwisaver is a straight forward activity as long as steps are followed and rules for joining, opting out, changing employee contributions and acting on savings suspensions are applied correctly.  There are also a range of other areas to Kiwisaver that payroll needs to have knowledge of so this whole area can be managed effectively.

A comprehensive set of notes with numerous examples will be provided.

Attendees will be able to ask questions throughout the webinar through the Q&A functionality of ZOOM and the webinar will be recorded so participants will be able to view the webinar after the session.

Contents:
• Which employees can join KiwiSaver?
• Which employees are eligible for automatic enrolment in KiwiSaver?
• Who must be automatically enrolled in KiwiSaver?
• Definition of a temporary employee
• Three ways a new employee can be in KiwiSaver
• What information do employers and employees have to provide on starting?
• Difference between a superannuation scheme and KiwiSaver

IRD Eight Kiwisaver Steps

1. Check if your employee is in KiwiSaver already
2. Check employee eligibility to join KiwiSaver
3. Check if your employee should auto-enrol
4. Give your employee their KiwiSaver auto-enrolment pack
5. Give your employee your product disclosure statement
6. Send IRD your IR346K
7. Check if they’re on a savings suspension
8. Complete employee auto-enrolment

• Calculating ESCT for Superannuation and KiwiSaver
• Working out ESCT for an employee in different situations
• What does total remuneration mean in regard to ESCT?
• KiwiSaver and total remuneration
• Ending contributions to KiwiSaver
• Record keeping for KiwiSaver
• Penalties and disputes

Webinar date and time:

• 17^th June 2022, 9am to 12.15pm

Webinar cost:

• NZPPA member: $165 + GST
• NZPPA non-member: $185 + GST

If you want to book additional attendees, we can provide 25% off any additional attendees.