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Bank Account Scam on Employees Wages

Bank Account Scam on Employees Wages

There is a scam circulating that you need to be aware of. We strongly suggest updating your procedures with any bank account changes.  You should contact, via phone or in person, the employee to confirm they have actually changed their bank account. Sequence of likely...

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...

Proposed changes to the Holidays Act

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...

Payroll Outsourcing Explained

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...

Uneasy about your payroll? You’re not alone

Uneasy about your payroll? You’re not alone

There’s no doubt that some employers have an excellent payroll set up. They have spent the time understanding the legal requirements: The Holidays Act 2003, the KiwiSaver Act 2006, the Minimum Wages Act 1983, the Wages Protection Act1983, Employment Relations Act...

Sorting out casual employees

Sorting out casual employees

Maybe you have it all sorted. Here a  few suggestion for your checklist. Learn more about Definining casual workers, Holiday pay & Holidays Sick Leave 1   Have you defined 'casual worker' correctly? Here's how the Department of Labour does it: "Casual workers are...

Adjusting the Employee Time Clock for Daylight Saving

Adjusting the Employee Time Clock for Daylight Saving

It is easy to change the time on your Lauranka Time Clock whether you have a Swipe Card terminal, or a Fingerscan Terminal using the Lauranka Time and Attendance software. Just follow these easy 5 steps Ensure that the computer has the correct time On the Main Menu of...

When can you make deductions from wages?

When can you make deductions from wages?

Generally deductions cannot  be made from an employee's wages, except in the following circumstances: employee has given their written consent provided for in employment agreement court directs that deduction can be made union fees bargaining fee arrangement...