Friday Sep 20, 2013

PeopleSoft HCM Federal Defense of Marriage Act (DOMA)

The Federal Defense of Marriage Act (“DOMA”) was enacted September 21, 1996. US law did not recognize same-sex marriage granted under the laws of other states. This act defined "marriage" as a heterosexual union and had defined "spouse" as “a person of the opposite sex who is a husband or a wife." While the act was in place the Internal Revenue Code adopted the definition of "spouse" from DOMA and excluded same-sex spouses from some of the taxation benefits a heterosexual spouse. On June 26, 2013 the U.S. Supreme Court declared Section 3 of DOMA, which denied federal recognition of same-sex marriages, unconstitutional. However, this left in place Section 2, which allowed states to refuse to recognize same-sex marriages performed in other states.

On August 29, 2013 IRS issued ruling IR-2013-72 which stated same-sex couples, legally married in a jurisdiction that recognizes their marriage will be treated as married for federal purposes. The ruling applies regardless of whether the couple lives in a jurisdiction that recognizes same-sex marriage or a jurisdiction that does not recognize same-sex marriage. The PeopleSoft team is working hard to define the areas of impact to the Benefits, PeopleSoft Payroll for North America, and Payroll Interface Products. We will be delivering some changes as early as Tax Update 13-E as we continue to analyze the complete scope and impact to the PeopleSoft product lines. Please see the PeopleSoft Position Paper on My Oracle Support , Document ID 1586141.1.

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 01, 2013

PeopleSoft HCM Legislative Update - Defense of Marriage Act

On Wednesday, June 26, 2013, the U.S. Supreme Court declared Section 3 of the Defense of Marriage Act (DOMA) to be unconstitutional.  This court ruling overturned a provision of the law that had denied federal benefits granted to persons in opposite-sex marriages to persons in same-sex marriages who were legally married in states that recognize same-sex marriage.  This court ruling will allow same-sex couples who are legally married in states that recognize same-sex marriage to receive the same federal benefits granted to opposite-sex couples.  PeopleSoft anticipates system changes will be needed once guidance is published on this topic by the Internal Revenue Service, the Social Security Administration, and other U.S. government agencies.  Please be assured that our legislative analysts are monitoring this situation daily.

Tuesday Apr 23, 2013

Legislative Updates for PeopleSoft GLobal Payroll India

As part of the 2013 Budget, the Madhya Pradesh and Gujarat states have announced amendments to the Tax on Professions, Trades, Callings and Employments Act. There are changes to Professional Tax slabs which are effective 1st of April 2013.  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 1532190.1.

Friday Apr 19, 2013

PeopleSoft HCM Global Payroll SEPA Position Statement

European authorities have announced that SEPA will definitely become the mandatory banking format to manage credit transfers in Euros from February 2014 onwards. This date marks the end the of the transition period in a number of countries including France, Germany, Spain and the Netherlands, as country specific banking formats will no longer be accepted by banks in those countries after January 2014. This affects payroll payments, that could be processed either using country specific banking formats or the SEPA banking format until now.

In order to support the compliance needs of PeopleSoft HCM Global Payroll customers on releases 9.0, 9.1 and 9.2, Oracle is announcing important updates to enhance and extend its existing SEPA solution, in a new SEPA Position Statement published on My Oracle Support , Document ID 1546932.1. If you are a PeopleSoft HCM Global Payroll customer in Europe and haven’t moved your payroll payments to SEPA yet, please read this document to take advantage of the complete SEPA solution and latest enhancements delivered by Oracle for PeopleSoft customers.

Wednesday Mar 27, 2013

Legislative Update for PeopleSoft Global Payroll Argentina

Please read the latest Global Payroll Argentina Position Paper, posted to My Oracle Support, Document ID 1541074.1.  The position paper will outline our approach to the legislative change for Tax on purchases abroad with Credit Cards, and reference the Bug ID's for more detailed information on delivery dates.

Thursday Mar 21, 2013

PeopleSoft Human Capital Management I-9 Form Updates

USCIS published the approved changes to the I-9 form which took effect on March 8, 2013.   PeopleSoft HCM reacted immediately to the changes and we are currently developing the solution to support this latest change.    For details on the solution, please review the Position Statement available in My Oracle Support, Document ID 1536338.1.

Lettre aux Payeurs de Mars 2013/Global Payroll France March 2013 Newsletter

Global Payroll France March 2013 Newsletter
The Global Payroll France January 2013 Newsletter is published on My Oracle Support, under the following Doc ID 1538856.1:. With PeopleSoft HCM 9.2 coming out at the end of this week, you will find in this letter many useful links to get up to speed on the new release. You will learn as well about the latest DSN news (including an upcoming conference held by the SDDS association next week at a major HR event in Paris) and about the impact of the new CICE tax credit on French payroll. Enjoy,

Lettre aux Payeurs de Mars 2013
La Lettre aux payeurs française de ce mois est disponible sur My Oracle Support, sous le numéro de document 1538856.1 :. La grande nouveauté du mois est bien sûr la sortie de la version 9.2 de PeopleSoft HCM. Vous trouverez donc ans cette lettre tous les liens utiles pour découvrir cette nouvelle version. Cette Lettre vous apportera aussi les dernières informations concernant la DSN (avec une conférence de la SDDS la semaine prochaine au salon Ressources Humaines) et les impacts du CICE (Crédit d’Impôt pour la Compétitivité et l’Emploi) sur la paie. Bonne lecture,

Wednesday Mar 06, 2013

Legislative Updates for PeopleSoft HCM Global Payroll UK - RTI

Real Time Information for 13 - 14 Fiscal

HMRC have announced changes to some of the requirements for submissions from April 2013 and had published new versions of certain MIGs.  These updates has 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 GP UK customers will be required to comply with the legislation changes and complete migration to Real Time Information by October 2013 as stipulated by HMRC. PeopleSoft GP UK 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 ultimately replace the End Of Year and In-Year Filing processes that currently exist and all employers in UK will be legally bound to be compliant by date specified of October 2013. Each year HMRC would publish changes required to the RTI process and this year is no different. This whitepaper outlines all the changes that have been introduced by HMRC for the tax year 2013-14 & how it has been incorporated in our PeopleSoft Global Payroll for UK. 

For detailed information please download our white paper published on My Oracle Support, Document ID 1534036.1."

Wednesday Feb 27, 2013

Legislative Updates for PeopleSoft Global Payroll Australia

Changes in Taxation of Back Payments, Commissions, Bonuses and Similar Payments

The ATO (Australian Tax Office) has issued amendments to the taxation rules on Additional Payments made in the form of back payments, commissions, bonuses and similar payments (Including lump sum payments in arrears) effective from 1st July, 2013.The amendment necessitates changes in calculation arising out of revised definitions of certain key components and treatment of various Additional Payments.

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 1532030.1.”

Thursday Feb 14, 2013

EBICS Transfer Protocol and SEPA

A new feature has been delivered in Cash Management 9.1 to support EBICS transfer protocol and enhance SEPA compliance in Europe.

SEPA (Single European Payment Area) is a banking format shared across 31 European countries, for credit transfers and direct debits in Euros. The project was initiated in 2008 and SEPA format adoption is expected to become mandatory for all transactions in Euros in February 2014.

As SEPA impacts payroll payments, Oracle PeopleSoft delivered a solution in Global Payroll 9.1 back in July 2011, leveraging its comprehensive and flexible payment solution Financial Gateway from the Cash Management financial module. Financial Gateway supports almost all banking formats currently in use around the world and enables customers to manage the end-to-end banking process. Additionally, Financial Gateway enables to maintain banking formats easily, whenever format specifications are updated.

Along with the SEPA project, the banking industry in France performed some changes in infrastructures used to carry banking files, which led to decommission of some former transfer protocols and enforce the EBICS protocol as the sole vehicle to carry SEPA files.

In order to support this additional change, and ensure a full SEPA compliance to its HCM and FMS customers, Oracle PeopleSoft delivered a new EBICS connector to support EBICS based banking communications. Refer to doc ID 1526912.1 on My Oracle Support  for more information. This update is available under the resolution ID 889157 and included in the FMS 9.1 bundle 24.

Please direct any questions to deepa.saoji@oracle.com .


 

Wednesday Feb 13, 2013

Legislative Updates for PeopleSoft Global Payroll Malaysia

SOCSO retirement age changes from Jan 2013

With effect from 1 Jan 2013, Employee Social Security Act (amendment) 2012 amends disability pension scheme age eligibility limit from 55 to 60 years. Employers are required to contribute the SOCSO Contribution according to the First contribution rate type for Employment Injury Scheme and Invalidity Pension Scheme until their employee’s achieve 60 years.

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 1528264.1.

Tuesday Feb 05, 2013

Keeping up to date with PeopleSoft Global Payroll Brazil Legislation Changes

Information outlining the 2012/2013 DIRF and RAIS legislative changes has been posted on  My Oracle Support, Document ID 1526487.1.   

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

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.

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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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