Holiday Payroll 101

Posted by SmartPayroll in Business Advice, Company News, Customers, IRD, Payroll, Product News, Small Business, Uncategorized on December 12th, 2011

Not so long ago, our blog, Christmas Countdown, mentioned that closer to the big day we would give you some more information to make your holiday payroll easier.  Because everyone’s got enough to stress about at this time of year, payroll should be the last thing on your mind.

So, click this link to view all the information you could need about entering holiday leave days and statutory holidays on our website. 

But we haven’t gone all impersonal.  There is still someone at the helpdesk waiting for your call.  Just give us a ring on 0800 10 10 38.  We may be a little bit busier so please be patient if you have a short wait.

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Entering annual leave this Holiday period

Posted by SmartPayroll in Accountants, Business Advice, Company News, Customers, Payroll, Small Business on December 12th, 2011

HOW TO ENTER ANNUAL LEAVE DETAILS – CHRISTMAS 2011

The three most common scenarios for paying staff over the holiday period are:

(1)        the payroll is processed on the normal paydays over the holiday period and staff work the days in between Christmas and New Year.

(2)        the staff are paid out for all their annual leave in full before they go on holiday.

(3)        The staff are on holiday until the 9th January (or longer) but are paid each week on the normal pay days.

Choose the scenario that fits your company.

1.         THE PAYROLL IS PROCESSED ON THE NORMAL PAYDAYS OVER THE HOLIDAY PERIOD and STAFF WORK THE DAYS IN BETWEEN

This company has a Monday-Sunday payroll.  The employee works up until Friday 23rd December and is paid normally for that week.

The following week the employee works the days in between Christmas and New Year and because Monday and Tuesday are statutory holidays, the pay details may look like this:

In the above example the employee is paid for 2 statutory holidays, 26th and 27th December and works for 3 days up until New Year’s Eve.
 

The following week the employee is paid for 2 statutory holidays on 3rd and 4th January, and works the next three days.  (See example above).

 2.         COMPANY CLOSES DOWN FOR HOLIDAY PERIOD, STAFF PAID FOR 3  WEEKS

This company closes down for the holidays and staff are paid out their holiday pay beforehand.  This company closes down on Friday the 23rd  December and reopens on Monday 9th January 2012.

The staff are given all their pay for the 3 weeks together.

Note: The taxable periods have changed to 3 as this employee is being paid for 3 pays.  This means that the tax for the 3 pays will be spread correctly over 3 taxable periods.

3.         THE STAFF ARE ON HOLIDAY UNTIL THE 10TH JANUARY BUT ARE PAID EACH WEEK ON THE NORMAL PAYDAYS 

The staff are paid as normal on the week leading up to Christmas.

The following week the staff receive a statutory holiday for the 26th and 27th December, and then 3 annual leave days for the 29th, 30th and 31st December.

The following week Monday and Tuesday are again paid as statutory holidays (2nd  and 3rd January).  The following three days are paid as annual leave days.

Note:  The taxable periods have changed to 3 as this employee is being paid for 3 pays.  This means that the tax for the 3 pays will be spread correctly over 3 taxable periods.  The number of days paid are 15 in this case.

3.         THE STAFF ARE ON HOLIDAY UNTIL THE 9TH JANUARY BUT ARE PAID EACH WEEK ON THE NORMAL PAYDAYS (instead of receiving all their pay for 3 weeks at once)

The staff are paid as normal on the week leading up to Christmas.
The following week the staff receive a statutory holiday for the 26th and 27th December, and then 3 annual leave days for the 28th, 29th and 30th December.

The following week Monday and Tuesday are again paid as statutory holidays (2nd  and 3rd January).  The next three days are paid as annual leave days.

What happens when staff normally work on Sundays?

This year Christmas Day and New Year’s Day fall on a Sunday and Boxing Day and the 2nd of January fall on a Monday.

There are no special rules for Boxing Day or the 2nd of January; these public holidays are observed on the days they fall.  Special rules will apply to Christmas Day and New Year’s Day because they fall on a Sunday.

For employees who normally work on a Sunday, Christmas Day and New Year’s Day are observed on that day. 

For employees who normally do not work on Sunday, Christmas Day and New Year’s Day are transferred to the following Tuesday (27 December 2011 and 3 January 2012).

Please contact the SmartPayroll Helpdesk on 0800 10 10 38 if you need help entering the pays over the Christmas holiday period.

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SmartPayroll’s Biggest Year of Growth

Posted by SmartPayroll in Accountants, Business Advice, Company News, Customers, IRD, Payroll, Product News, Small Business on December 7th, 2011

Quite simply, we can state we have had our biggest year of growth, ever.

Since humble beginnings back in 2003, SmartPayroll has had the foot firmly on the pedal.  And as 2011 nears an end, there has certainly not been any letting off the gas.

Yes, we can pat ourselves on the back, and congratulate all our staff on a year well done, but more importantly it’s all been as a result of you.  So, thank you.  You use our payroll, you read our blog, and you know that we only ever work tirelessly to make sure your business payroll runs as smoothly as possible. 

Next year, we not only want to continue this leading pace but race forward even further.  We hope you’ll continue to stay along for the ride.

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The last mad dash till summer

Posted by SmartPayroll in Accountants, Business Advice, Company News, Customers, IRD, Payroll, Product News, Small Business on November 29th, 2011

With the sun starting to shine, the BBQ’s getting a dust off and everyone’s pasty legs starting to see the light of day, it can mean only one thing.  Summer. 

With holidays well on their way and Christmas sneaking up on everyone, the team at SmartPayroll are frantically busy.  With last minute mad rushes to transfer your business payroll to our online system, we doing our best to make it all happen on time. So, be sure to get in touch with us sooner rather than later.

But you don’t need to worry if you need help over the holiday period – we’ll be here every day except the stat days waiting for your call.

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Times are changing

Posted by SmartPayroll in Uncategorized on November 22nd, 2011

With new, online technology hitting the market, more and more business owners are confronted with sticking with what they know or cutting the strings and trying something better.

This is exactly the same for business payroll solutions.  What has been typically run by time consuming manual systems or software that quickly becomes out of date has now moved to easy, online solutions that are able to adapt to any and all situations.  The latter is where SmartPayroll fits in.

SmartPayroll is an affordable, accessible and automatic way to manage your payroll.  Now that might seem like a lot of A’s but our customers wouldn’t be giving us an A+ for no reason.  And, we certainly aren’t shying away from any new challenges either.

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SmartPayroll’s free payroll courses

Posted by SmartPayroll in Accountants, Business Advice, Company News, Customers, IRD, Payroll, Product News, Small Business on November 8th, 2011

We want to thank Westpac for allowing us to use their new business hub in Christchurch to run a FREE payroll course for Christchurch business owners last Friday.  It was a huge success and from the feedback we received, very helpful to Christchurch employers.  We’ve run these courses in the Wellington area before but this was the first time we have taken it to Christchurch.  Unfortunately we had to turn attendees away in the last week when we reached our maximum but don’t worry we’ll be doing it again in the New Year. 

The course covered the essentials of employers obligations and payroll legislation, how not to get in trouble with the IRD and the payroll choices available for small businesses.  We even helped some of the attendees solve their payroll issues.  SmartPayroll will be running these FREE courses as much as we can throughout 2012 in all the main centres and we’ll let you know when and where as soon as the dates are confirmed.

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