Monday Dec 02, 2013

Legislative Update for PeopleSoft HCM Global Payroll Mexico

SAT  (Servicios de Adminsitracion Tributaria – Tax Administration Services) has announced two major Tax Changes that will impact Global Payroll Mexico, these changes will be effective as of January 2014, Global Payroll Mexico is targeting them to early January 2014 for releases 8.9, 9.0, 9.1 and 9.2.

As a consequence of the electronic revolution initiated by the SAT in 2004, the entity has announced that it’s mandatory for all Employers to provide electronic Employee’s Payslips in XML format, starting on January 2014. The electronic Payslip will also be used in case of labor disputes and plans to replace current Form 37 and DIM reports.

The second Tax change refers to the new name (article number) used to calculate Income Taxes, the calculation remains the same as previous articles with the exception of the wage ranges and the Tax Percentage used for this calculation. This change has impact on Regular, Special compensations and Annual Adjustments Payrolls.

Please refer to the Position Statement on My Oracle Support, Document ID 1604770.1. 

Friday Nov 15, 2013

PeopleSoft HCM - HR and Global Payroll for Brazil - eSocial

New Estimated Effective Date for eSocial - In recent email communication from Receita Federal do Brasil, Oracle has learned that the new estimated effective date for eSocial is no sooner than July 2014, with the initial load being accepted prior to the July date in May/June 2014. The government is still reviewing and has not yet published new dates. It is possible the date might be later than July 2014.  Until the government publishes the new date there may be documentation that continues to reflect the previously published January 2014 date.

Please bookmark this Position Statement which is located on My Oracle Support, Document ID 1526487.1, as we will be continually updating the Position Statement with major milestones as well as other important information. Updates will be posted to this blog as well.

Friday Oct 04, 2013

Legislative Updates for PeopleSoft Global Payroll for Argentina


Article 23 of the profit tax bill, 1997 text and its modifications, sets the deductions amounts from non-taxable earnings, special deduction and family charges, eligible to the determination of the fee for employees

It is the permanent policy of the National Executive to implement measures that are condusive to empower purchasing strength to workers and their families, with this, the consolidation of the demand of the national and domestic market.

It is considered desirable to increase the deduction amounts of Article 23 of the Income Tax Law, text of 1997, both for those taxpayers that are in dependency ratio as liabilities to the workers, in order to avoid the tax burden neutralizing the benefits derived from the economic policy, wages and pension assumed.

You can learn more about these changes in our Position Statement which can be found on My Oracle Support, Document ID 1541074.1.


 

Thursday Oct 03, 2013

Legislative Update for PeopleSoft Global Payroll India

Revised data structure for e-TDS and e-TCS returns effective Q2,FY13-14.

NSDL has announced the data structure of quarterly e-TDS / TCS statements version 4.6 for Quarters Q1-Q3 and version 4.8 for Q4. The changes are applicable for Financial Year 2013 - 14 and is effective Q2, which is due for submission 15th Oct 2013. Our Position Statement has been revised to include these legislative updates. 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 1532190.1.

Legislative Update for PeopleSoft Global Payroll Australia

Payment Summary Changes for 2013 - 2014

The Australian Government recently released changes to the Electronic Payment Summary Specifications. The changes largely focused on restructuring sentences, changing words and certain terms for better understanding and keeping the intent/information unchanged. Apart from such aesthetic changes we also observed changes that clearly specify the reason for Employment Termination Payment and these changes were delivered by Oracle in the previous financial year. Our position statement has been revised to include these updates.

Workplace Gender Equality (WGE) Act

The Workplace Gender Equality Agency (an Australian Government statutory agency) has announced achieving gender equality is important for workplaces not only because it is ‘fair’ and ‘the right thing to do’, it is also vitally important to the bottom line of a business and to the productivity of Australia. Employers are required to lodge a report comprising a workplace profile in the same format as under the Equal Opportunity for Women in the Workplace Act 1999 (EOWW Act), with no salary data required. This Agency works with employers to help them comply with the new reporting requirements under the Workplace Gender Equality Act 2012. This report is obligated as mandatory for relevant employers from July 2014. Our position statement contains more information and is made available on My Oracle Support, Document ID 1532030.1”.

Monday Sep 30, 2013

PeopleSoft HCM RTI Legislative Update for Global Payroll United Kingdom

The HMRC announced changes to some of the requirements for submissions from April 2013 and published new versions of certain MIGs. These updates have been integrated into the PeopleSoft application as part of RTI 13-14 MIG Specifications for various file generation like EAS, FPS, EPS and NVREQ. All PeopleSoft Global Payroll United Kingdom customers will be required to comply with the legislative changes and complete migration to Real Time Information by October 2013 as stipulated by the HMRC. PeopleSoft Global Payroll United Kingdom provides these legislative changes to allow customers to start the migration process and for those customers chosen, take part in the pilot phase of the HMRC project.
 
Real Time Information will replace the EOY (End of Year) and In-Year Filing processes that currently exist and all employers in the United Kingdom will be legally bound / compliant by the date specified, October 2013.

PeopleSoft Global Payroll for United Kingdom products have been adding functionality along the way to support the requirements for Real Time Information known as RTI. A whitepaper outlining the changes that have been introduced by HMRC for the tax year 2013-14 (including the earlier Year Updates for 2012–13) is now available on My Oracle Support, Document ID 1586706.1. This document provides valuable information for UK based employers (including UK subsidiaries of overseas organizations) who plan to implement RTI in PeopleSoft Global Payroll United Kingdom to comply with HMRC regulations. We advise customers to review & keep up to date.

Wednesday Sep 25, 2013

Legislative Update for PeopleSoft Global Payroll Singapore

The PAT - IRAS file specification has been updated to incorporate the latest Inland Revenue Authority of Singapore policy changes. Only version 9.0 will be accepted for IRAS submission via PAT system for year of assessment 2014. Customers shall have to comply with this change. Our Position Statement has been revised to include these legislative updates and the delivery timelines for the respective changes. We advise customers to review our position statement to keep up-to-date. The Position Statement can be found on My Oracle Support, Document ID 1541852.1.

Tuesday Sep 17, 2013

Lettre aux Payeurs de Septembre 2013 / Global Payroll France September 2013 Newsletter

The latest Global Payroll France Newsletter is published on My Oracle Support, under the following Doc. ID: 1585059.1. In this letter, you will learn about the latest legislative updates, find information about the new maintenance process in 9.2 release (PeopleSoft Update Manager or PUM) and hear about upcoming user group event. Enjoy,
La Lettre aux payeurs française de ce mois est disponible sur My Oracle Support, sous le numéro de document : 1585059.1. Vous trouverez dans cette Lettre toutes les informations concernant les derniers changements légaux, le nouveau processus de maintenance (appelé (PeopleSoft Update Manager ou PUM) en vigueur pour la version 9.2 et un prochain événement organisé par la Commission RH du Club Utilisateur PeopleSoft. Bonne lecture,

Tuesday Sep 10, 2013

Legislative Update for PeopleSoft HCM Global Payroll Hong Kong

Mandatory Provident Fund Amendments

The Legislative Council has passed the amendment of the minimum relevant income level and the maximum relevant income levels.  The monthly minimum level of relevant income has been increased from $6,500 to $7,100 and the daily minimum level of relevant income has been increased from $250 to $280 (the new level applies to contribution periods commencing on or after 1 November 2013).  On the other hand, the monthly maximum level of relevant income has been increased from $25,000 to $30,000 and the daily maximum level of relevant income has been increased from $830 to $1,000 (the new level applies to contribution periods commencing on or after 1 June 2014). Our Position Statement has been updated to include these legislative amendments and the delivery timelines for the respective change. We advise customers to review our position statement to keep up-to-date. The Position Statement can be found on My Oracle Support, Document ID 1582538.1.          

Wednesday Aug 21, 2013

Legislative Update for PeopleSoft Global Payroll Singapore

The Central Provident Fund Board has released contribution rate tables which are effective 1st of January 2014. Our Position Statement has been revised to include these legislative updates and the delivery timelines for the respective changes. We advise customers to review our position statement to keep up-to-date on legislative changes. The Position Statement can be found on My Oracle Support, Document ID 1541852.1"

Thursday Aug 08, 2013

Legislative Updates for PeopleSoft HCM Global Payroll Malaysia

Effective August 1st, 2013 EPF Contribution applicable until 55 years of age is now being extended till 60 years of age and the rates remain unchanged i.e., 12 percent from employers; 11 percent from employees. Our Position Statement has been revised to include these legislative updates 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 1528264.1.

Monday Aug 05, 2013

Legislative Updates for PeopleSoft Global Payroll Australia

The Australian Government, aiming at efficiencies in reporting data across organizations within Australia, has carried out a comprehensive review that examined the current structure and operations of the superannuation industry as their pilot project. An attempt to streamline the way data is reported by multiple parties within the industry has lead to the rise of Data and Payment Standards (The Standard) that received royal assent on 28th June 2012. The industry will regulate The Standard to bring in efficient data exchange between Super Funds, RSA providers, Employers, Financial Institutions and the ATO. To ensure compliance with this legislative initiative we have updated our position statement that is made available on My Oracle Support, Document ID 1532030.1. We advise customers to review the position statement to keep up-to-date.

Thursday Jul 25, 2013

PeopleSoft HCM - HR and Global Payroll for Brazil

Oracle/PeopleSoft  has a team of specialists dedicated to the eSocial Project and is an effective participant in the group of pilot companies.
Oracle/PeopleSoft  acknowledges that eSocial, which is more than a digital bookkeeping of  payroll, intends to formalize in digital media all the Labor, Social Security and Fiscal information, referring to all employees, employers as well as contracting services on the Brazilian territory.

Please bookmark this Position Statement which is located on My OracleSupport, Document ID 1526487.1, as we will be continually updating the Position Statement with major milestones as well as other important information.  Updates will be posted to this blog as well.

 

Monday Jul 15, 2013

Lettre aux Payeurs de Juillet 2013 / Global Payroll France July 2013 Newsletter

The latest Global Payroll France Newsletter is published on My Oracle Support,  Document ID: 1568849.1. In this newsletter, you will learn about the latest announcements about the DSN project, legal changes effective this month and find useful SEPA resources to prepare your SEPA migration plans.
La Lettre aux payeurs française de ce mois est disponible sur My Oracle Support, document : 1568849.1. Vous trouverez dans cette Lettre un résumé des dernières annonces concernant la DSN,  des informations concernant les changements légaux prenant effet ce mois-ci, ainsi que des liens vers la documentation SEPA existante, afin de préparer au mieux la migration de vos virements de paie. Bonne lecture,

Wednesday Jul 10, 2013

Legislative Update for PeopleSoft HCM Global Payroll China

PHFSI Changes

Changes related to Public Housing Fund and Social Insurance for the Beijing, Shenzhen, Tianjin and Shanghai regions were published in 2013.  We advise our customers to review our Position Statement, found on  My OracleSupport, Document ID 1559022.1,  to keep up-to-date. Our Position Statement outlines the PeopleSoft related delivery timelines. 

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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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