15 March 2019
Time is running out
All employers must be payday filing from 1 April 2019
IRD is changing for anyone that employs people. What is changing? It's about moving the reporting of payroll information to a near-real time frequency, instead of by the 20th of the month following as we have been doing. There are other changes as well:
- the ir-File service is being discontinued
- it is replaced by Payroll Returns
Is your organisation ready?
From 1 April 2019 employers must:
- file employment information every payday instead of an Employer monthly schedule
- provide new and departing employees' address information, as well as their date of birth - if they have provided it to you, and
- file electronically (from payday compatible software or through myIR) if your annual PAYE/ESCT is $50,000 or more.
IRD suggest that you need to check that the right people in your organisation will have access to this payroll information in the new system - find out more here.
There are a lot of resources on the Payday Filing website including guides, how-to videos, checklists, and webinars.