Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Payday filing made simple – talk with your software provider

Payday filing made simple – talk with your software provider

An Auckland small business owner is crediting his software provider for making payday filing simpler.

From April 2019, all employers will be required to send their payroll information to Inland Revenue whenever they pay their staff.

Robert Watt, the owner-operator of three The Source Bulk Foods stores, has been filing his staff’s employment information to Inland Revenue since April after his payroll software provider made it possible through his existing package.

“Our payroll software made it very easy to get started. Once I got set up, it was just like doing a normal pay run.”

Inland Revenue Customer Segment Leader Richard Owen says Robert’s experience is typical of what we have been hearing from other customers who have payroll filing- compatible software.

“We are busy working with the all payroll software providers to help them link directly with our systems and create the best possible experience for their customers.”

Robert Watt at The Source Bulk Foods says the tax part of the process now seems more integrated.

“Previously, I would have to manually pull all the information out of my software and file it to Inland Revenue on the 20th of every month.

“But now my software does the job of compiling the data and sending it on to IRD at the end of each pay run so the job is out of the way and I don’t have to worry about it again.”

Mr Owen says there are some impressive software solutions available out in the market, some of which take care of the payday filing steps in just a few extra clicks.

“If they haven’t already, employers should check with their software provider about their plans for payday filing and try to get started as soon as possible.

“Robert’s payroll data is going to give Inland Revenue more timely access to his staff members’ income information so we can make sure they’re paying the right amount of tax at the right time.”

Robert Watt has some advice for his fellow small business owners:

“If you haven’t switched to payday filing, I’d do it as soon as you can.

“It saves you a lot of time and effort and that’s good for business.”

Find out about all the payday filing options at

© Scoop Media

Business Headlines | Sci-Tech Headlines


Ground Rules: Government Moves To Protect Best Growing Land

“Continuing to grow food in the volumes and quality we have come to expect depends on the availability of land and the quality of the soil. Once productive land is built on, we can’t use it for food production, which is why we need to act now.” More>>


Royal Society: Calls For Overhaul Of Gene-Technology Regulations

An expert panel considering the implications of new technologies that allow much more controlled and precise ‘editing’ of genes, has concluded it’s time for an overhaul of the regulations and that there’s an urgent need for wide discussion and debate about gene editing... More>>


Retail: Card Spending Dips In July

Seasonally-adjusted electronic card spending dipped in July by 0.1 percent after being flat in June, according to Stats NZ. Economists had expected a 0.5 percent lift, according to the median in a Bloomberg poll. More>>


Product Stewardship: Govt Takes More Action To Reduce Waste

The Government is proposing a new way to deal with environmentally harmful products before they become waste, including plastic packing and bottles, as part of a wider plan to reduce the amount of rubbish ending up in landfills. More>>


Earnings Update: Fonterra Sees Up To $675m Loss On Writedowns

“While the Co-op’s FY19 underlying earnings range is within the current guidance of 10-15 cents per share, when you take into consideration these likely write-downs, we expect to make a reported loss of $590-675 million this year, which is a 37 to 42 cent loss per share." More>>