FOR

Intermediate-level payroll practitioners (or advanced practitioners wanting a refresher) who want to learn how to complete payment calculations that meet legislative requirements and ensure compliance.

Please note: This course is not suited to someone new to payroll or in an entry-level payroll position.

PURPOSE

New Zealand employment legislation is complex and wide-ranging in what payroll practitioners must calculate to remain compliant. This course enables participants to understand the essential calculations needed across a range of employee payment situations.

Fully worked examples covering various scenarios will be provided for use back in the workplace. Attendees are encouraged throughout the course to ask questions.

COURSE ACCESS

All learning activities are available through the eLearning environment. At the start of the course, a course manual will be couriered to the student as their guide.

Students can also access downloadable information and a wide range of external links to websites and other resources.

Activities and assessments are accessed through the eLearning environment, uploaded, marked, and reported back to the student online.

You will also have access to the course material in the form of an online flipping book if you wish to start before the physical course material arrives.

DURATION

As an online course, once the start date is booked, the course will be available for six weeks only. Additional extensions may be requested based on work or personal circumstances. This course is based on approximately 40 hours of learning over six weeks.

COURSE CONTENT

Holidays Act 2003

• Determining gross earnings
• What payments are included/excluded from gross earnings for holiday pay calculations
• Calculating annual holidays using AWE, OWP, and 8%
• Calculating RDP and ADP for sick, bereavement, alternative, family violence leave, and public holidays
• Cashing up the 4th week of annual holidays

Parental Leave and Employment Protection Act 1987

• Taking and paying annual leave before and after parental leave
• Calculating payment for “keeping in touch” days

Module 2: Calculating tax and government-directed deductions

Income Tax Act 2007

• Calculating tax, understanding tax codes, and applying changes to tax codes

Child Support Act 1991

• Calculating projected net earnings for child support deductions

KiwiSaver Act 2006

• Which payments are included or excluded from KiwiSaver
• Calculating employer and employee contributions

Setting and calculating ESCT for KiwiSaver and Superannuation.

Bonuses:

• How to calculate a lump sum (extra pay) and a regular bonus
• Redundancy and retiring payments
• Five leave payments now taxed as extra pay

Student Loan Deductions:

• Calculating student loan deductions and applying the threshold
• Commissioner deduction (SLCIR)
• Borrower deduction (SLBOR)

Other payroll deductions:

• IRD, MSD (WINZ), and court (attachment orders)

Module 3: ACC, rules for allowances, and other special payments

Accident Compensation Act 2001

• Earner levy and threshold rates
• Calculating first-week compensation for work and non-work accidents

Allowances:

• Benefit allowances
• Non-taxable allowances
• Reimbursing allowances
• Motor vehicle reimbursement rates

Payroll Giving

• Calculating the tax credit on donations

Minimum Wage Act 1983

• Ensuring minimum wage requirements