|
|
||||||||||||
| ||||||||||||
KiwiSaver |
||||||||||||
|
New People / Automatic EnrolmentA new person is automatically enrolled in KiwiSaver (2.0% by default with 2.0% employer contribution).
Information entered into these fields will automatically update the appropriate transactions on the person's Standard Timesheet.
KiwiSaver Deduction Rates(KS 2 form)To change the deduction and/or contribution rate for a person enter the appropriate values into the Employee and/or Employer fields on their Personal Details page. This will update the appropriate transactions on their Standard Timesheet. Note: KiwiSaver members must contribute 2%, 4% or 8%.
Contributions Holiday(KS 6 form)To record a contributions holiday, enter 0% into the Employee and Employer fields on their Personal details page. This will remove the KiwiSaver transactions from their Standard Timesheet. Note: When you are advised that a person's contribution Holiday is ending you can re-enter the appropriate percentages to restart KiwiSaver.
Opt Out Requests(KS 10 form)To record that a person is opting out from KiwiSaver, enter the Opted Out date on their Personal Details page. This will automatically remove their Employee and Employer rates and remove the corresponding KiwiSaver transactions from their Standard Timesheet. Note: People can't opt out in the first 2 weeks of starting a new job.
Reporting to Inland RevenueiPayroll® will pass all relevant payments and details onto Inland Revenue for you. | ||||||||||||
| ||||||||||||