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NZ launches own version of STP, impacting Aussie firms

New Zealand has launched a reporting system similar to Single Touch Payroll, with the change also applicable to Australian and other foreign businesses with New Zealand-based employees.

NZ launches own version of STP, impacting Aussie firms
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NZ launches own version of STP, impacting Aussie firms

Called payday filing, the Kiwi system went live from Monday this week (1 April) and applies to all employers of New Zealand residents — including foreign businesses — and takes effect for each employer from the first pay run they make from that date.

Read more at MyBusiness

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