Tuesday Feb 02, 2016

Legislative Update for PeopleSoft HCM Global Payroll New Zealand

Statutory Changes effective 1st of April 2016

The Inland Revenue Department of NewZealand has released the legislative changes during the week of January 22nd 2016. There are few amendments which have impact on PAYE calculations. Our Position Statement has been revised to include these legislative updates and the deliverable timelines. The document is made available on My Oracle Support, Document ID 2102276.1. We advise customers to review the position statement to keep up-to-date.

Legislative Update for PeopleSoft HCM Global Payroll Malaysia

On January 28th 2016, the Malaysian government released the “2016 Budget recalibration” document. As part of the relief measures announced, the EPF employee contribution rate has been decreased by 3% and the eligibility for mandatory SOCSO contribution has been increased effective March 2016.  Our Position Statement has been revised to include these legislative updates and the patch availability. 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 2102272.1

Thursday Jan 28, 2016

Legislative Update for PeopleSoft HCM - Affordable Care Act

The Affordable Care Act is a huge initiative.  PeopleSoft continues to roll out new functionality to support the IRS requirements. PeopleSoft has scheduled a live Advisor Webcast for Wednesday, February 17, 2016 10:00 AM (PST) where you can learn about the most recent delivered functionality and review what is on the roadmap ahead. You can register for this webcast on My Oracle Support Benefits Community to register. We hope you are able to attend.

Monday Jan 25, 2016

Legislative Update for PeopleSoft HCM Global Payroll France

The French Government as part of its annual legislative updates has further announced multiple updates that also includes changes in Ceiling and Social Security Rates. Oracle has already delivered multiple updates for most of these changes. These legislative changes and details regarding the same can be obtained from the document available on My Oracle Support under document ID 2097873.1.

Le gouvernement français dans le cadre de ses mises à jour annuelles législatives a en outre annoncé plusieurs mises à jour qui comprennent aussi des changements de plafonds et de taux de sécurité sociale. Oracle a livré plusieurs mises à jour pour la plupart de ces changements. Le détail peut être trouvé sur My Oracle Support sous le numéro de document 2097873.1.

Monday Jan 11, 2016

Legislative Update for PeopleSoft HCM Global Payroll China

PHFSI Amendments

There were changes related to Social Insurance for Shenzhen region. In order to ensure compliance with these legislative initiatives, Oracle has updated the position statement that is made available on My Oracle Support, Document ID 2095707.1.

Chinese Version -

从2015年底,有关深圳地区的失业保险及生育 保险相关的法律变更已陆续公布。甲骨文的中国版本的信息声明已经根据最新的法律法规 的公布而修改了。我们建议客户及时从My Oracle Support上 去查 看最新修改的信息声明,文档编 号:2095707.1.

Thursday Jan 07, 2016

Legislative Update for PeopleSoft HCM - Affordable Care Act

The Affordable Care Act is a huge initiative. One big piece of the legislation that has been evolving is Employer Shared Responsibility.  We are pleased to announce that we have delivered functionality to create the XML Manifest file which is required for the IRS for reporting.  This functionality is now available for our release 9.2 customers (with release 9.1 soon to follow).  Please visit My Oracle Support and look for Patchset number 22322092 to obtain the new functionality for release 9.2.

Tuesday Dec 22, 2015

Legislative Update for PeopleSoft HCM Global Payroll France

The French Government as part of its annual legislative updates have announced changes in AGFF calculation and the decommissioning of Isolated Amounts. Oracle plans to deliver these legislative changes and details regarding the same can be obtained from the document available on My Oracle Support under document ID 1968781.1.

Le gouvernement français dans le cadre de ses mises à jour législatives annuels a annoncé des changements dans le calcul de cotisations AGFF et la disparition des sommes isolées. Oracle prévoit de livrer ces changements législatifs et le détail peut être trouvé sur My Oracle Support sous le numéro de document 1968781.1.

Monday Dec 14, 2015

Legislative Update for PeopleSoft HCM Global Payroll Australia

Child Support PEA Amount for 2016

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 2016, the PEA from 1 January is set to $354.45. This is the amount that must be set aside for your employee/contractor after tax and Child Support is deducted. In order to ensure compliance with these legislative initiatives Oracle has published a revised position statement on My Oracle Support, Document ID 1985727.1. We encourage our customers to review the latest Statement to keep up to date.

Tuesday Dec 08, 2015

Legislative Update for PeopleSoft HCM Global Payroll United Kingdom

On 25th November 2015, 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 and PAYE. The changes are effective 6th of April 2016. Our Position Statement has been revised to include details about these legislative updates and the patch availability. We advise customers to review the document to keep up-to-date. The Position Statement can be found on My Oracle Support, Document ID 2043373.1.

Tuesday Nov 24, 2015

Legislative Update for PeopleSoft HCM Global Payroll Singapore

PAT - IRAS File Specification Changes for YA 2016

The PAT - IRAS file specification has been amended and a new version 11.0 is released. Employer submissions for fiscal year ending December 2015 should conform to the IRAS File Specification Release 11.0. Our Position Statement has been revised to include these legislative updates 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 1989835.1.

Thursday Nov 05, 2015

Legislative Update for PeopleSoft HCM Global Payroll Malaysia

The Malaysian government has announced the budget for Assessment Year 2016 on 23rd of October 2015. Amendments have been made to personal tax rates. Few tax relief limits have been increased and a couple of new tax reliefs are introduced. While we work on the changes please note that the changes announced 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 1960752.1.

Legislative Update for PeopleSoft HCM Global Payroll United Kingdom

Department of Work and Pensions (DWP) recently introduced some technical changes to the  legislation (Automatic Enrollment)  which came into effect from 1st of April 2015 to add four new exceptions from some of the employer duties and simplify the information requirements. An underlying principle of the new duties is that an employer must put their jobholders back into pension saving. Our Position Statement has been revised to include details about these legislative updates and the patch availability. We advise customers to review the document to keep up-to-date. The Position Statement can be found on My Oracle Support, Document ID 2043373.1.

Monday Oct 26, 2015

Legislative Update for PeopleSoft HCM - Affordable Care Act

The Affordable Care Act is a huge initiative. One big piece of the legislation that has been evolving is Employer Shared Responsibility. PeopleSoft continues to roll out new functionality to support the IRS requirements. PeopleSoft has scheduled a live Advisor Webcast for Wednesday, November 04, 2015 10:00 AM (PST) where you can learn about the most recent delivered functionality and review what is on the roadmap ahead. You can register for this webcast on My Oracle Support Document ID 1456265.1. We hope you are able to attend.

Wednesday Oct 14, 2015

Legislative Update for PeopleSoft HCM Global Payroll India

Professional Tax Framework

Oracle PeopleSoft has published a Whitepaper on the new Professional Tax Framework for release 9.2, making configurations easy and  reduce complexity in tax on employment calculations. This whitepaper outlines the high level design for the targeted solution to meet Professional Tax calculation obligations. The document can be found on My Oracle Support, Document ID 2065393.1.

Friday Sep 25, 2015

Legislative Update for PeopleSoft HCM Global Payroll Brazil

eSocial News

After months of delays, the Brazilian government on July 2015, posted to the official eSocial web site a new version (2.1) of the eSocial file layout and a first version of the Manual Instructions. However, a new version is expected to be released soon.

Regarding to the timeline, companies with revenues of over $78 million reais in 2014, have until September 2016 to transition to the new system for all labor, social security and tax information and until January 2017 for information on workplace safety and worker health issues (SST).
For companies earning less than $78 million reais in 2014, the deadlines are January and July 2017, respectively.

Oracle is working closely with the government as part of the Confederation Work Group and as part of the Pilot Companies Working Group.  We are attending the official meetings and are in cooperation with the Government to reduce the inconsistencies and to improve the quality of the layout's information.

You can follow the PeopleSoft eSocial project through My Oracle Support, document ID 1526487.1 and through this blog.

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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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