Thursday Jan 31, 2013

Legislative Updates for PeopleSoft Global Payroll Spain

Starting Jan 2013, the Tax and Social Security legal changes have impact on the Global Payroll Spain product:
1) Tax rates for historical territories Alava, Guipuzcoa and Vizcaya have changed.
2) SMI Rate has been increased of 0,6 %.
3) Social Security ceilings and minimum/maximum bases amounts have been
increased.
4) Tax Calculation Algorithm has been changed to reflect fact that in 2013 there
will be no regularization with cause 11 for employees with house mortgage
deduction.

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.

Monday Jan 14, 2013

Lettre aux Payeurs de Janvier 2013/Global Payroll France January 2013 Newsletter

Global Payroll France January 2013 Newsletter
The Global Payroll France January 2013 Newsletter is published on My Oracle Support, Document ID 1519597.1.  As always at this time of the year a lot of legislative changes are becoming effective. You will find all the information about what we delivered to support those changes in the newsletter. Learn also about the latest SDDS news and important product maintenance information. We wish you a very Happy New Year.

Lettre aux Payeurs de Janvier 2013
La Lettre aux payeurs française de ce mois est disponible sur My Oracle Support, Document Numéro 1519597.1.  Comme toujours à cette période de l’année, beaucoup de changements légaux entrent en vigueur, retrouvez tous les détails des livraisons du Développement dans notre Lettre. Vous trouverez également les dernières nouvelles concernant la SDDS et des informations importantes concernant la maintenance de nos produits. Excellente année à tous.

PeopleSoft Payroll for North America HOT TOPICS

There is no time of year more stressful for a Payroll Professional than at year-end and the start of the New Year.  It is hard to keep up with all the last minute changes that need to be done.  Oracle PeopleSoft Payroll for North America has created Document ID 1348833.1 in  My Oracle Support called ‘Hot Topics’.  This document will not only keep you informed during this critical time of year but for the year to come.  This document has been created to:
• Make you aware of any urgent legislative changes that could affect your payroll.
• Notify you of concerns/issues for a specific tax update or special posting.
• Provide you with links to special postings that are ready for you to download.
• Present you with links to upcoming Payroll for North America specific Advisor Webcasts.
• Gives you with links to other key documents, such as:
       o Payroll for North America Information Center
       o Year End Information Center
       o Tax Update Information Center
       o Payroll for North America Support Newsletter
       o Payroll for North America Community Center
Bookmark this document in your favorites and let PeopleSoft help reduce the stress and by staying informed.

Friday Jan 11, 2013

PeopleSoft Global Payroll Hong Kong Legislated Changes

SMW rate changes effective May 2013.

The Minimum Wage Ordinance (Amendment of Schedule 3) Notice 2012 was published in the Government Gazette on 14 December 2012 and tabled at the Legislative Council on 19 December 2012. There was an amendment to the SMW rate and record keeping requirements. 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 1343139.1.

Thursday Jan 10, 2013

PeopleSoft Global Payroll Switzerland Legislated Changes

PeopleSoft Global Payroll Switzerland has announced the legislated changes for 2013.  These changes cover the following:  

•         Federal Pension Fund – Lower and Upper Ceilings
•         Cantonal Source Tax Rates and Refund Rates
•         Cantonal Child Allowances and Employer Contribution Rates
•         Maternity Contribution - Geneva (not yet confirmed)

Customers can review more details surrounding these changes as well as our delivery plans on My Oracle Support, Document ID 1517232.1.

Friday Jan 04, 2013

Update on the Fiscal Cliff PeopleSoft Payroll for North America

The New Year has arrived along with resolution to the Fiscal Cliff.  The American Taxpayer Relief Act of 2012 was passed by the U.S. Congress on January 1, 2013 and has been signed the President.  This legislation contains provisions which require payroll tax changes for wages paid on or after 1/1/2013. We have updated Knowledge Document in My Oracle Support, Document ID 1332295.1 which will outline the information relevant to  the legislative changes as well as provide links to download the necessary product changes for PeopleSoft Payroll for North America.
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This blog is dedicated to topics focused on legislative updates to PeopleSoft Applications including Human Capital Management and Financials.

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