Legislative Update for PeopleSoft HCM Global Payroll Hong Kong

IR56B report in XML Format

The Inland Revenue Department (IRD) has released the updated XML requirement specifications of software developed by employers for submission of annual Employer’s Return of Remuneration and Pensions (IR56B) in computerized format. The new specifications require the adoption of Unicode Standard for input of Chinese characters and submission of data files in XML format. This would apply to all applications lodged by employers on or after 1 March 2014. In order to ensure compliance with this legislative initiative Oracle has updated the position statement that is made available on My Oracle Support, Document ID 1630409.1.
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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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