Payment details help

PAYE (incl. tax on schedular payments - formerly withholding payments)

The total amount of PAYE you deduct from your employees/contractors. This will be the total amount from all your employees/contractors.

Child support deductions

The total amount of child support you deduct from your employees/contractors. This will be the total amount from all your employees/contractors.

Student loan deductions

The total amount of student loan repayments you deduct from your employees/contractors. This will be the total amount from all your employees/contractors.

KiwiSaver deductions

The total amount you deduct from employees for KiwiSaver, at the contribution rate given to you by your employee. This will be either 2%, 4% or a maximum of 8% of their gross earnings.

KiwiSaver employer contributions

The total amount of KiwiSaver contributions you have contributed on behalf of your employees.

ESCT (formerly SSCWT) deductions

The total amount of ESCT (employer superannuation contribution tax), formerly SSCWT, paid on behalf of your employees/contractors. This will be the total amount from all your employees/contractors.

Total PAYE liabilities

The total of the amounts in the fields:

• PAYE (incl. tax on schedular payments)
• Child support deductions
• Student loan deductions
• KiwiSaver deductions
• KiwiSaver employer contributions
• ESCT deductions

 

Employer tax credit claimed for KiwiSaver

Employer tax credit is only effective for periods between 1 April 2008 and 31 March 2009.

Is the total amount of employer tax credit you are claiming for each employee who is a KiwiSaver member. The amount of tax credit which can be claimed is the lesser of:

1. the total KiwiSaver employer contributions for the employee for the period plus KiwiSaver related employer superannuation contribution tax (ESCT), and
2. the amount given by the formula "$20 x the number of weeks in PAYE period" where weeks in PAYE period means the actual number of weeks (with fractions expressed as a decimal) in the PAYE period. (eg May with 31 days has 31/7 or 4.43 weeks, June with 30 days has 30/7 or 4.29 weeks.) See online calculator for assistance.

 

Note:You may claim separate amounts of employer tax credit for both KiwiSaver and complying fund contributions, but the total claimed must not be more than the lesser of "$20 x the number of weeks in PAYE period" or the actual employer contributions paid plus KiwiSaver related employer superannuation contribution tax (ESCT).

Complying fund employer tax credit claimed

Employer tax credit is only effective for periods between 1 April 2008 and 31 March 2009.

Is the total amount of employer tax credit that is available to be claimed, for each employee that has been paid to a complying superannuation fund. The amount of tax credit which can be claimed is the lesser of:

1. the total KiwiSaver employer contributions for the employee for the period plus KiwiSaver related employer superannuation contribution tax (ESCT), and
2. the amount given by the formula "$20 x the number of weeks in PAYE period" where weeks in PAYE period means the actual number of weeks (with fractions expressed as a decimal) in the PAYE period. See online calculator for assistance.

 

Note:You may claim separate amounts of employer tax credit for both KiwiSaver and complying fund contributions, but the total claimed must not be more than the lesser of "$20 x the number of weeks in PAYE period" or the actual employer contributions paid plus KiwiSaver related employer superannuation contribution tax (ESCT).

Total employer tax credit claimed

Employer tax credit is only effective for periods between 1 April 2008 and 31 March 2009.

The total of the amounts in the fields Employer tax credit claimed for KiwiSaver and Employer tax credit claimed for Complying funds.

 

Total amount payable

 The amount in the field Total PAYE liabilities minus the amount in the field Total employer tax credit claimed..