Major Changes for Payroll on its Way

Major Changes for Payroll on its Way

MAJOR CHANGES FOR PAYROLL ON ITS WAY Based on the present results of the election and even if Labour needs to have the Greens to govern these are the two parties that want to change employment law and tax that will impact on the work, we do in payroll. Labour...
Major Changes for Payroll on its Way

Good Faith

[EMPLOYMENTNZ] GOOD FAITH Employees, employers and unions are obliged to deal with each other at all times in good faith. Every action taken by an employer and an employee must be done in good faith. Good faith includes the following three elements: ·         Parties...
Major Changes for Payroll on its Way

Medical Incapacity

[EMPLOYMENTNZ] MEDICAL INCAPACITY When an employee is no longer able to do their job due to illness or injury, it can be a challenging time for both employees and employers. In these situations employees are often feeling vulnerable and stressed, worried about not...
Major Changes for Payroll on its Way

Retirement

[EMPLOYMENTNZ] RETIREMENT An employer cannot force an employee to retire except in very limited circumstances. In employment law, there is no set age for retirement. The common age for retirement is 65, as this is the superannuation qualification age. The retirement...
Major Changes for Payroll on its Way

Kiwisaver for Employees with Special Circumstances

[IRD] KIWISAVER FOR EMPLOYEES WITH SPECIAL CIRCUMSTANCES KiwiSaver deductions and employer contributions may change depending on your employee’s situation. Employees aged 60 years or over There’s a withdrawal rule for employees who joined KiwiSaver before 1 July...
Major Changes for Payroll on its Way

Record Keeping

[EMPLOYMENTNZ] RECORD KEEPING What happens if an employer doesn’t keep accurate records If an employer doesn’t keep all the accurate wage and time, holiday and leave records as required by the Employment Relations Act 2000 and the Holidays Act 2003: ·        ...