Gross Earnings is used in a number of different situations to calculate payment for holidays and other leave. When to use gross earnings in holiday and leave calculations Gross earnings is used to calculate: ordinary weekly pay for determining payment for annual holidays (when the ordinary weekly pay formula is used) average weekly earnings for […]
Month: March 2019
The cost of Payroll Compliance
Payroll Compliance is possibly the biggest reason why companies choose to outsource their payroll to a company like Ezypay. In the UK, around 80% of companies outsource their payroll. This figure will be much less here possibly due to the Kiwi ‘can do’ attitude. Unfortunately, companies still get it wrong as per the following examples […]
2019 Tax Changes – effective from April 1st, 2019
There is not much happening Tax wise for the 2019/20 Tax Year, just four changes to do with payroll. ACC Earner Levy Threshold – The maximum income on which the ACC levy is applied is increased from $126,286 to $128,470. Student Loan Threshold – The Student Loan Threshold has increased to $19,760 or $380 per […]