Recent Articles
2024 – 2025 TAX Table updates 01 April 2024
Changes for the 01 April 2024 - 31 March 2025 Tax Year. iPayroll has been updated with the new 2024-2025 tax tables and these changes will be applied automatically to pay dates after 01 April 2024. You don't need to do anything. ACC Earner levy has ...
Salary Sacrifice Pay Element
A Salary Sacrifice deduction can be set up to allow you deduct from an employee's pay before any tax calculations are made. Using this type of deduction will reduce a person's PAYE, Student Loan and Kiwisaver calculations and you should seek legal ...
BNZ File Transfer Channel Customers
BNZ’s File Transfer Channel (BNZ FTC) payment method uses a direct connection between iPayroll and BNZ. It has removed the need for a direct debit authority and a Payroll Letter of Credit. You will still have up to 3pm or 4pm on payday to confirm ...
BNZ File Transfer Channel Customers - Your Xero Reconciliations
Reconciling your Bank Statement Line in Xero From 1 October 2023 our customers using the new BNZ File Transfer Channel (BNZ FTC) payment method to pay their employees will only see a single bank statement line in Xero. To reconcile your Xero, the ...
New Payment Method - BNZ Customers
BNZ File Transfer Channel BNZ no longer provide payroll letters of credit (PLOC’s) as a result of their move to 7-day payment processing. Therefore, we now have a new payment method with BNZ customers which uses BNZ’s File Transfer Channel function ...