1ST APRIL 2019 STUDENT LOAN THRESHOLD CHANGE

1ST APRIL 2019 STUDENT LOAN THRESHOLD CHANGE

Employers are required to deduct student loan repayments through the PAYE system when an employee completes a Tax code declaration (IR 330) using one of these codes: M SL, ME SL, S SL, SH SL, SB SL or ST SL. Employees with student loans who only have one main job...
1ST APRIL MINIMUM WAGE CHANGE

1ST APRIL MINIMUM WAGE CHANGE

The minimum wage rates are reviewed every year (if increased it will happen on the 1st April). The adult minimum wage rates (before tax) that apply for employees aged 16 or over are: Minimum wage rates from 1st April 2019 to 31 March 2020: 1st Apr 2019-31 Mar 2020...
2018 New Zealand Payroll Tax Changes

2018 New Zealand Payroll Tax Changes

New Minimum Wage Rates The adult minimum wage rate will increase from $15.75 to $16.50 (before tax) an hour. The starting-out wage and training minimum wage will also increase from $12.60 to $13.20 (before tax) an hour. ACC Earner Levy Rate The Earner Levy Rate for...
1ST APRIL MINIMUM WAGE CHANGE

Proposed changes to the Holidays Act

The intention of the bill is to improve the overall operation and efficiency of the Holidays Act 2003. The proposed changes are: If the employer and employee agree, the fourth week of holiday leave can be traded for cash. Workers with irregular hours will have their...
1ST APRIL 2019 STUDENT LOAN THRESHOLD CHANGE

Payroll Outsourcing Explained

Payroll outsourcing can take care of all of your payroll processing requirements leaving you with peace of mind.  Whether you call them a payroll bureau or payroll outsourcing company most will take away what is often considered an onerous task for companies. What do...