Payday Filing

You must file now your employment information each payday instead of filing an Employer monthly schedule (IR348) every month.

From 1 April 2019 all employers must:

• File employment information every payday instead of a monthly basis (i.e. if you pay employees weekly, you must file weekly);

• Need to provide new and departing employees' address information, as well as their date of birth; and

• File employment information electronically (from payday compatible software or through myIR) if your annual PAYE is $50,000 or more.

Note: The due date for PAYE payment remains the same at the 20th of the month.

Please click here to find out more on Payday filing from the IRD

What if I do not change to payday filing system?

Payday filing is currently compulsory from 1 April 2019 and all employers must opt-in to avoid IRD charging penalties if you do not switch.

Tax Professionals has a range of solutions to ensure that you are payday filing compliant! Please contact us to discuss!