Many employers will need to adapt their current payroll processes to support payday filing.
For those manually reporting to the IRD:
SmartPayroll can provide you with a file to upload your information to the myIR website each pay day.
Now might be a good time to consider switching to SmartPayroll’s automatic IRD filing, where we’ll take away the headache of payday filing at no extra cost. Just let us know by calling 0800 10 10 38.
New payday reporting legislation was announced in March 2018 and with it comes to some changes to how employers file employee and PAYE information to Inland Revenue. Payday filing has been optional since 1 April 2018 but will be compulsory for all New Zealand businesses that have employees with PAYE deductions from 1 April 2019.
Get organised now – make sure you update your payroll processes in time so your business doesn’t get penalised.