Monday Jan 26, 2015

Legislative Update for PeopleSoft HCM Global Payroll India

Form 16 E Token Digital Signature

An update has been provided in the Position Statement about the solution for Form-16 Digital Signature using E Token. We advise customers to review the position statement for the patch availability. The document is available on My Oracle Support under Document ID 1962660.1

Friday Jan 16, 2015

Legislative Update for PeopleSoft HCM Global Payroll Spain

Starting January 2015,  Tax and Social Security legal changes have been published affecting Global Payroll Spain product:
1) Social Security upper ceiling and maximum bases amounts have been updated.
2) Statutory rates for 2015 like SMI have been modified.
3) Changes have been on the taxes calculation (IRPF and IRNR) as reaction to the Law 26/2014 of November 27th.
4) Withholding bracket for Navarra has been updated.

The Position Statement has been revised to include more details about these legislative updates, the patch availability and pre-requisites. We advise customers to review the position statement to keep up-to-date. The Position Statement can be found on My Oracle Support, Document ID 1520058.1. 

Tuesday Jan 13, 2015

Legislative Update for PeopleSoft HCM Global Payroll Malaysia

Further Amendments to Monthly Tax Calculations

IRBM (Inland Revenue Board of Malaysia) has announced further amendments to the Monthly Tax calculations. These changes are in addition to the legislative changes announced in the budget during October 2014 and will come to effect from 1st of January 2015. Tax reliefs for disabled child, increase in higher education, Benefits-in-kind & Value of Living Allowance are categorized as normal remuneration, increase in  combined deduction limit of Medical Expenses for treatment of serious disease & complete medical examination are the few to name it. Our Position Statement has been revised to include these legislative updates. We advise customers to review our position statement to keep up-to-date. The document is available on My Oracle Support under Document ID 1960752.1.

Friday Jan 02, 2015

Legislative Update for PeopleSoft HCM Global Payroll New Zealand

New Zealand Inland Revenue Department has released draft version of payroll specification document. The amendments would include changes to ACC earner's levy, truncation rule update for tax codes etc. The changes are Cabinet approved but subject to final regulations being made later. Oracle has published an updated version of the PeopleSoft HCM Global Payroll for New Zealand Position Statement to communicate about its development plans. The document is available on My Oracle Support under Document ID 1957649.1.

Monday Dec 29, 2014

Legislative Update for PeopleSoft HCM Global Payroll United Kingdom

Autumn Statement Changes for 2015-16 

On 3rd of December 2014, The Chancellor of the Exchequer delivered his Autumn Statement.  Following the announcement, updated rates and thresholds were released affecting certain calculations with respect to National Insurance, PAYE and Statutory Payments. In addition, new thresholds have been announced for student loan calculation and NIC for less than 21 Years of Age. The changes are effective 6th of April 2015. Our revised position statement includes these legislative changes and the respective delivery timelines. We advise customers to review the position statement to keep up-to-date. Our Position Statement can be found on My Oracle Support, Document ID 1631637.1.

Tuesday Dec 16, 2014

Legislative Update for PeopleSoft HCM Global Payroll Brazil

Fiscal Year 2015 – Annual Reports

DIRF 2015: Normative Instruction RFB nº . 1503 published on October 29, 2014 establishes the deadline of February 27, 2015 for submission of information regarding DIRF fiscal year 2015. There are no changes required in the layout for this year.

IREN 2015: Normative Instruction RFB nº 1.522, published on December 8th 2014 changed the IREN report including on the box 5 information regarding the IRRF over the 13th Salary.

RAIS 2015: until December 12, 2014 there were no updates on the RAIS publication.

Oracle is working to deliver the legal changes required for Annual Reports, and customers can follow our updates through the Document ID 1954353.1, on My Oracle Support.

Monday Dec 15, 2014

Legislative Update for PeopleSoft HCM Global Payroll Australia

Child Support PEA Amount for 2015

The Australian Government Department of Human Services has set a minimum amount that must remain in a person’s wage after tax and child support has been deducted. This amount is termed as Protected Earnings Amount (PEA). The PEA is reviewed each year and adjusted on 1 January to allow for increases in the cost of living. For the year 2015, the PEA from 1 January is set to $349.13. This is the amount that must be set aside for your employee/contractor after tax and Child Support is deducted.

TFN Declaration Reporting

ATO has published The Tax file number (TFN) declaration reporting version 2.3.0 specification.  This impacts the electronic lodgment of TFN reporting. The changes are effective 1st of July 2015.

In order to ensure compliance with these legislative initiatives Oracle has published revised position statement on My Oracle Support, Document ID 1632138.1. We encourage our customers to review the latest Statement to keep up to date.

Legislative Update for PeopleSoft HCM Global Payroll India

Digital Signature in Form 16

The government of India has issued a circular making it mandatory to generate private keys corresponding to the Class 2 and Class 3 DSC’s only from FIPS 140-1/2 Level 2 validated hardware cryptographic token. The introduction of the crypto token would impact the current process of generating the Form-16 (Part B) and display in self service portal with digital signature. In order to follow the guidelines issued by CCA in using the digital signature certificate and continue the display of Form-16 via self service, changes has been proposed to the current set-up. We have our revised position statement on My Oracle Support, Document ID 1904351.1.

Friday Nov 28, 2014

Legislative Update for PeopleSoft HCM Global Payroll Australia

SuperStream Reporting

ATO has notified numerous changes via the Guidance Note released for SuperStream contributions. The changes include default values for certain mandatory fields, case sensitive check for 'BPAY' payment type of contributions, usage of space in Payment Reference Number etc. Our Position Statement has been revised to include these legislative updates and the delivery timelines for the respective changes. We advise customers to review the position statement to keep up-to-date. The Position Statement can be found on My Oracle Support, Document ID 1632138.1.

Tuesday Nov 25, 2014

Legislative Update for PeopleSoft HCM Global Payroll France

Oracle has published an updated version on the PeopleSoft HCM Global Payroll for France Position Statement to communicate about its development plans related to various upcoming legislative changes, including the new learning CPF entitlement and the occupational painfulness prevention entitlement (CPPP) that will be effective January 1st, 2015. The document is available on My Oracle Support under Document ID 1926690.1.

Oracle a publié une version révisée du Position Statement pour la paie globale pour la France de PeopleSoft, afin de communiquer quant à ses plans de développement concernant plusieurs changements légaux, notamment le Compte Personnel de Formation (CPF) et le Compte Personnel de Prévention de la Pénibilité (CPPP). Vous trouverez ce document sur My Oracle Support sous le numéro de document 1926690.1.

Thursday Oct 30, 2014

Legislative Update for PeopleSoft HCM Global Payroll France

DSN (Déclaration Sociale Nominative)

Following the DSN position statement that Oracle published on September 18th, Oracle released a solution document to help customers using the DSN solution that we will deliver soon. The DSN solution document is posted under Document ID 1939748.1 on My Oracle Support.

Dans le prolongement du Position Statement publié le 18 septembre dernier, Oracle a publié un document explicatif concernant la solution DSN qui sera livrée prochainement dans le produit paie globale pour la France de PeopleSoft. Vous trouverez ce document sous le numéro de doc ID 1939748.1 dans My Oracle Support.

Monday Oct 20, 2014

Legislative Update for PeopleSoft HCM Global Payroll Malaysia

Budget 2015

The Malaysian government has announced the budget for assessment year 2015 on the 10th of October 2014. There are amendments to personal tax rates and tax reliefs. While we work on the changes please note that the changes announced via The Supply Bill are yet to be gazetted. Our Position Statement has been revised to include these legislative updates and the tentative delivery timelines. We advise our customers to review the position statement to keep up-to-date. The Position Statement can be found on My Oracle Support, Document ID 1680487.1

Tuesday Sep 30, 2014

Legislative Update for PeopleSoft HCM Global Payroll Australia

Changes to the calculation of the ETP whole-of-income cap

ATO has notified the changes to the calculation of ETP whole of income cap when the payments are comprised of excluded and non-excluded payments while tax owing (and/or ETP tax offset) on the non-excluded payment. Our Position Statement has been revised to include these legislative updates and the delivery timelines for the respective changes. We advise customers to review the position statement to keep up-to-date. The Position Statement can be found on My Oracle Support, Document ID 1632138.1.

Friday Sep 26, 2014

Global Payroll France September 2014 Newsletter

The Global Payroll France Newsletter is published on My Oracle Support, under the following Doc ID: 1927713.1. You will find in this newsletter the latest communications from PeopleSoft development, including information about DSN and other legislative updates. Enjoy,

Lettre aux Payeurs de Septembre 2014

La Lettre aux payeurs française de ce mois est disponible sur My Oracle Support, sous le numéro de document 1927713.1. Vous trouverez dans cette lettre les dernières communications du Développement PeopleSoft, à propos de la DSN et d’autres mises à jour légales. Bonne lecture,

Thursday Sep 25, 2014

Legislative Update for PeopleSoft HCM on the Affordable Care Act

The "Patient Protection and Affordable Care Act" (PPACA) (P.L. 111-148) and the "Health Care and Education Reconciliation Act of 2010" (H.R. 4872) were signed into law March of 2010. This legislation continues to evolve with new or revised requirements. The Oracle PeopleSoft team continues to monitor this legislation and the impacts it has on the PeopleSoft Benefits and Payroll for North America products. We have revised Position Statement on September 24, 2014 to include any new information we have obtained since the last posting. We encourage you to review the latest Statement to keep up to date.
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This blog is dedicated to topics focused on legislative updates to PeopleSoft Applications including Human Capital Management and Financials.

For other useful information about PeopleSoft Applications see the PeopleSoft Applications Strategy Blog.

For information about PeopleTools see the PeopleSoft Technology Blog.

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