TAX FOR PAYROLL 101

Deducting tax from an employee’s wage or salary is a fundamental aspect of payroll. This webinar will cover the essentials of calculating taxes and deductions, applicable to all payroll professionals, from handling new employee starters to managing terminations.

Participants will also receive a complete set of comprehensive notes for reference.

Content:

  • New employee checklist for tax requirements.
  • Employee tax declaration ir330.
  • KiwiSaver eligibility rules (Opting in and out) and acting on a saving suspension.
  • What options should be followed for a new employee, returning employee, or transferring employee, and what is required in each instance?
  • Calculating PAYE (and using the IRD PAYE calculator).
  • When no ir330 has been provided (applying the no notified rate).
  • Correcting employee tax codes
  • Setting the ESCT rate for new employees
  • Understanding the ACC earner threshold and how part of PAYE.
  • Calculating student loan deductions
  • Introduction to Payday Filing
  • Child Support 60% protected net earnings
  • Employee termination checklist for tax requirements

Date of Webinar

  • 29 May 2025, (11 am to 12.15 pm)
Member Price: NZ$95.00 + GST
Non-member Price: NZ$125.00 + GST

If you are an NZPPA Member, logon to get member pricing