Payday filing is a new way of reporting employee pay details to the IRD. Instead of sending an Employer Monthly Schedule (IR348) every month, under payday filing you generate and upload an Employment Information (EI) return file for every pay run. The EI return file contains the same information as the IR348, as well as ESCT amounts for each employee and dates for the pay run. Information about new and departing employees is also sent to the IRD in a New and Departing Employees file. Payday filing is compulsory from 1 April 2019, but you can start using it before then. Once you start using payday filing, you no longer need to submit the IR348. Set up Ace Payroll for payday filingBefore you can upload EI return files, your system needs to be setup for ir-Filing. If you currently file your IR348 returns electronically, your system is already set up - if not follow the setup steps at Create and file returns with ir-File. Creating EI Return filesOnce your system is set up, you can start creating EI return files after each pay is processed. |