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.

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.

Wednesday Sep 24, 2014

Legislative Update for PeopleSoft HCM Global Payroll China

PHFSI amendments

There were changes related to Public Housing Fund and Social Insurance for Beijing, Shenzhen, Tianjin and Shanghai regions. The notified changes were published in 2014.
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 1627058.1.

Chinese Version -

从2014年开始,陆 续有关于北 京、深圳、天津和上海等地区的社会保险 及公积金相关的法律变更的公布。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:1627058.1.

Thursday Sep 18, 2014

Legislative Update for PeopleSoft HCM Global Payroll France

DSN (Déclaration Sociale Nominative)

The French government has announced a new standard called DSN (Déclaration Sociale Nominative) in order to simplify social reporting. This new reporting norm changes the way data is communicated by employers to various government bodies. DSN will be a single report containing all social information and will gradually replace all other social reports making it conducive for employers. Reporting in this format will be made mandatory for employers from January 2016. This norm was initially formulated on 22nd of March 2012 and a technical book covering the scope of DSN was released. The technical book has undergone changes since then, and latest version was released on 31st of July 2014. Oracle PeopleSoft’s position on this legislative requirement is now available on My Oracle Support, Document ID 1926690.1.

Le gouvernement français a annoncé un nouveau standard appelé DSN (Déclaration Sociale Nominative) afin de simplifier les déclarations sociales. Cette nouvelle norme change la façon dont les données sont communiquées par les employeurs à divers organismes gouvernementaux. La DSN sera une déclaration unique contenant toutes les informations sociales et remplacera progressivement tous les autres déclarations sociales au bénéfice des employeurs. La DSN sera obligatoire pour les employeurs en janvier 2016 au plus tard, en mai 2015 pour certains. La position d’Oracle PeopleSoft sur cette exigence législative est désormais disponible sur My Oracle Support, sous le numéro de document 1926690.1.

Tuesday Sep 09, 2014

Legislative Update for PeopleSoft HCM Global Payroll Singapore

PAT - IRAS File Specification Changes for YA 2015

Post IRAS policy changes, PAT - IRAS file specification is updated to version 10.0. The interface file changes are made in order to incorporate the amendments in the IRAS Year End tax forms for the fiscal year ending 31st December 2014. Employer submissions for fiscal year ending December 2014 should conform to the IRAS File Specification Release 10.0.

Revision to Ethnic Contribution Rates

The Ethnic contribution rates of three community deductions namely CDAC (Chinese Development Assistance Council), SINDA (Singapore Indian Development Association) and ECF (Eurasian Association) will be increased effective 1st January 2015.

Our Position Statement has been revised to include the above 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 1640353.1.
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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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