Datacom Payroll Press - July 2023 Issue

Welcome to our latest newsletter, where we bring you the latest payroll updates.

In this edition we share updates on the Holidays Act Review and the Fair Pay Agreement legislation, and also outline how using our Datacom PAYE Intermediary service could benefit you.

If you would like further information about any topic, please don't hesitate to reach out to your usual Datacom Payroll contact.

Holidays Act Reform Update

The payroll community has been waiting in anticipation for the outcome of the Holidays Act review. The Holidays Act Taskforce came up with 22 recommendations to make the Act clearer and provide more certainty for employers.

In April, the Government provided an update that the draft legislation on the new Holidays Act would be delayed until the middle of the year.

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Fair Pay Agreements Update

In our March issue we outlined the importance of businesses having a sound understanding of the Fair Pay Agreements Act and what it means for payroll. The second package of regulations came into force in June.

PAYE Intermediary Service

The Datacom PAYE intermediary services scheme was designed to help businesses stay compliant with their PAYE tax obligations. Today, we are New Zealand's largest PAYE intermediary, with more than 25,000 employers using PI at Datacom and transacting more than $300 million monthly to IRD.

For more information, reach out to your usual contact at Datacom.