KiwiSaver adds to the amount of information that has to be sent to the IRD Inland Revenue each month. Almost all of this information can now be sent to the IRD Inland Revenue via ir-File, rather than by paper, especially if you also pay the PAYE, Child Support, Student Loan and KiwiSaver deductions from your employees' wages electronically.
MYOB Payroll has been designed to take full advantage of ir-File. We strongly recommend registering for ir-File, as this is the simplest and most efficient way to comply with IRD Inland Revenue filing requirements.
See Filing to the IRDInland Revenue for more information.
The only information that must still be sent by paper is Employer Monthly Schedule (EMS) amendments. If these are small the IRD Inland Revenue can be advised of these by phone.
The following procedure should be adopted each month:
At the end of each month:
If you are manually filing in filling the IRD Inland Revenue supplied EMS or the IR345 and IR346, negative figures should be filled as zeros.
Since there are now up to three files created each month, these are put into a sub-folder for that month in the ir-File location specified in Tools > Options. They are also zipped up into a single file so that only a single file needs to be transferred to the IRD Inland Revenue instead of three.
|UI Text Box
Have more than one payroll?
The files from all the payrolls will be in the one zip file, further reducing the time required to do your end of month payroll processing.