PAYE
PAYE is short for Pay As You Earn.
Employers are required to deduct income tax, ACC levies, Student Loan repayments, Kiwisaver contributions, and possibly other things as well from their employees' wages.
This is then paid to the Inland Revenue Department on the 20th of the following month. Employers with $500,000 or more of PAYE to collect each year must pay twice a month.
IRD view any shortfall in payments of PAYE very seriously.
We can help you set up great systems to make sure your PAYE system is robust and workable.
PAYE is short for Pay As You Earn.
Employers are required to deduct income tax, ACC levies, Student Loan repayments, Kiwisaver contributions, and possibly other things as well from their employees' wages.
This is then paid to the Inland Revenue Department on the 20th of the following month. Employers with $500,000 or more of PAYE to collect each year must pay twice a month.
IRD view any shortfall in payments of PAYE very seriously.
We can help you set up great systems to make sure your PAYE system is robust and workable.
Website Created and hosted by www.leighshaw.co.nz
Website Created and hosted by www.leighshaw.co.nz