At the end of the tax year we are frequently asked why an employee has a tax bill ( never a refund !!) to pay. Naturally they find this very frustrating and would rather pay more tax each pay period than be landed with a tax bill. Under New Zealand’s current tax system we operate on [...]
Posts Tagged ‘ird’
IRD Mileage Allowance Increased
Posted: June 30, 2011 by paularetallick in Payroll StuffTags: ird, mileage rate
The IRD mileage allowance used by employers to compensate employees for using their private car on company business has increased from 70 cents per kilometre to 74 cents per kilometre for the 2011 tax year.
Handling PAYE payments
Posted: November 11, 2009 by paularetallick in Frequently Asked QuestionsTags: asb payment service, ird, paye
We have been fielding a large number of calls lately and one common question seems to be how we handle PAYE payments as a number of bureaus are taking the Gross pay from their clients, hanging onto the money, and then paying the IRD when due. Our preference is that you, the client, handles the [...]
