Parental Leave
On 1st July 2020, the maximum weekly rate of parental leave payments increased to $606.46 per week before tax including PAYE tax, Student Loan, Child Support or KiwiSaver payments.
https://www.ird.govt.nz/topics/paid-parental-leave/paid-parental-leave-payments
https://www.ird.govt.nz/topics/paid-parental-leave/kiwisaver-contributions-on-paid-parental-leave
From 1st July 2020 paid parental leave increased to 26 weeks from 22 weeks.
https://www.employment.govt.nz/leave-and-holidays/parental-leave/parental-leave-payment/payment-amount/
Leave without pay reminders
An employee can take leave without pay if their employer agrees and here are some reminders:
- The agreement to allow leave without pay should be recorded in writing
- Watch out if they take leave of more than one week – you need to agree on the impact on their anniversary date
- Implications on Public Holidays, bereavement leave, alternative holidays, and sick leave during leave without pay
Check out: https://www.employment.govt.nz/leave-and-holidays/other-types-of-leave/leave-without-pay/
Different types of minimum wage rates
There are three different types of minimum wages rates: adults, starting-out and training. For details on each rate check out: https://www.employment.govt.nz/hours-and-wages/pay/minimum-wage/different-types-of-minimum-wage-rates/
Employing school-age workers
There is no minimum wage for employees under 16 years of age. If you employ under-16s you must not let their work get in the way of attending school. https://www.business.govt.nz/hiring-and-managing/hiring-people/minimum-pay-rules/
Kilometre Rate for business use of vehicles – unchanged due COVID
The IR Commissioner recently announced that the rates for calculating the kilometre rates for using your vehicle for business purposes will remain at the 2018-2019 rates. The two-tier rates start at 79c per kilometre for the business portion of the first 14,000 kilometres travelled by the vehicle in a year and can be used when reimbursing an employee.
For full details check out: https://www.ird.govt.nz/income-tax/income-tax-for-businesses-and-organisations/types-of-business-expenses/claiming-vehicle-expenses/kilometre-rates-2019-2020-to-current-income-year
Payroll team at Accounted4
Anne Bland - Work days Tuesday to Friday 9am to 5.30pm
Extension - 831 Email anne.b@accounted4.co.nz
Carolyn Lawrence - Work days Monday to Friday 8.30am to 5pm
Extension - 837 Email carolyn.l@accounted4.co.nz
Kate Crookston - Work days Mondays, Tuesdays, and Fridays 9am to 2.30pm
Extension - 825 Email kate.c@accounted4.co.nz
