Paying leave and holidays

https://help.myob.com/wiki/x/XZMHAQ

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Different types of leave and holidays must be paid with different methods. This section explains how explain how to calculate and pay your employees correctly based on the type of leave or holiday they are taking.


Pay annual leave	Annual leave is paid time off from work, and all employees are entitled to accrue a minimum of four weeks of leave per year
Pay annual leave to casual employees	Casual employees are typically paid 8% of their gross income as part of their regular pay, rather than accruing paid time off.
Cash up annual leave	Employees can request to cash up part of their annual leave and take the money rather than a holiday.
Pay a public holiday	Employees are entitled to be paid whether they work or take the day off, but their rate of pay changes.
Pay a public holiday during a closedown period	Public holidays during a closedown period must be selected manually in Ace Payroll.
Alternative holidays (days in lieu)	An alternative holiday is a day an employee is entitled to take off as paid leave in return for having worked on a public holiday.
Leave and holiday pay FAQs	Frequently asked questions about leave and holiday pay.
Make a one off payment	Make a One Off Payment when you are paying amounts that fall outside of your regular pay run.
Create an Employee Leave Profile	The Employee Leave Profile anticipates your employees' entitlements so you don't have to.
Leave Owing report	The Leave Owing report provides an estimate of holiday pay owing to all staff at a selected date.
Using the Leave Calendar	Use the leave calendar to record sick leave, annual leave, bereavement leave, and alternative holidays.
Holidays Act 2003	The Holidays Act 2003 defines the holiday and leave entitlements employees hold in New Zealand.
Holiday pay that attracts the extra pay tax rate	Some holiday pay is taxed at a higher rate than other types.
Pay out leave and holidays on termination	When an employee leaves you must pay them out for any leave they have accrued. You can do this when you pay their final pay.

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