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Big changes to PAYE on the way 28 Feb 2017

On 3 November 2016, Inland Revenue announced changes to PAYE effective from 1 April 2019.

  • Monthly schedules are to be abolished.
  • PAYE information is to be filed on a payday basis.
  • Dates for payment of PAYE are to remain the same with the option of paying on a payday basis.
  • All information is to be filed electronically unless total PAYE deductions are less than $50,000.
  • Payroll subsidy is to cease from 1 April 2018.

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