Summary

Note: These settings are for New Zealand only. If you use internal companies, then enter these values in an Internal Companies record, not on this tab page.

Use these fields to define tax and IRD information for your company.

Fields

Earner Levy in tax override:

Controls whether the PAYE transaction for the pay is reduced by the ACC Earner Levy amount.

• Yes (recommended)

  PAYE transaction is reduced by ACC Earner Levy amount.

• No

  PAYE transaction is not reduced by ACC Earner Levy amount.

Example 1: Employee receives $1,000 payment with a fixed tax override amount of $100.

Example 2: Employee receives $1,000 payment with a % tax override amount of 30%.

Example 3: Employee receives $1,000 gross pay with a $200 fixed Taxation Override applied to the whole pay.

Allowances for redundancy, retirement or scheduler (withholding) payments are not subject to ACC Earner Levy calculations. 

Allowances for Extra Pay payments ignore the Earner Levy in tax override field.

ACC Earner Levy is calculated by multiplying the current ACC percentage by the gross taxable pay amount or the allowance total amount, except when earnings exceed the ACC Earner Threshold or the employee is otherwise exempt from paying ACC earner levy.

Employer IRD number:

The Company Settings record is used to identify the main/parent employer of a company that this database represents irrespective of whether you report to IR using this IRD number or that of your Internal Companies.

Only valid IRD numbers are accepted.

Intermediary:

If an intermediary organisation is submitting data to IR behalf of the main company, then select the intermediary that will be carrying out this action.

IR file folder:

Enter the directory path for the file folder that will be used to hold the Employee Details (ED) and Employment Information (EI) files for PayDay Filing FileUpload service. Generating your files is done from the Pay Status form

IR holiday group:

Selecting a holiday group assists with determining due dates for Payday Filing obligations. Whether or not a holiday group is selected, weekends are not considered to be business days.

Payday Filing start date:

If a date is entered here, then this will be when Payday Filing via Gateway is effective from. If no date is present or a date later than today's date is present, then Payday Filing via Gateway is currently disabled. For more information, see the PayGlobal How to Guide on Payday Filing.

See also

Modify Company Settings