Employing staff Dates
AUG 20Employer deductions payment due for 1 to 15 August if you deduct more than $500,000 PAYE and ECST per year.
AUG 20Employer deductions payment due for July if you deduct less than $500,000 PAYE and ESCT per year.
SEP 5Employer deductions payment due for 16 to 31 August if you deduct more than $500,000 PAYE and ECST per year.
For each employee in each pay period you need to work out:
- the amount of ESCT to deduct
- your net employer contribution.
The easiest way is to use our PAYE/KiwiSaver deductions calculator.
ESCT is calculated on each whole dollar of your employer contribution.
Gather your information
For each employee you need:
- the employee’s salary or wage for the pay period
- the employee’s tax code
- the employee’s KiwiSaver or complying fund contribution percentage
- your contribution percentage
- the ESCT rate.
Use the Deductions from salary or wages calculator
Include ESCT in your payday filing
You need to show each employee’s ESCT in your payday filing. Include the ESCT with your regular payment to Inland Revenue.