Monday Mar 16, 2015

Legislative Update for PeopleSoft HCM Global Payroll Singapore

Singapore Government has announced Budget during February 2015.  Amendments to Singapore Legislation have impact on Foreign Worker Levy, Higher CPF Salary Ceiling and Higher Contribution Rates for older workers. To ensure compliance with this legislative initiative we have updated our position statement that is made available on My Oracle Support, Document ID 1989835.1. We advise our customers to review the position statement to keep up-to-date.

Friday Mar 13, 2015

Legislative Update for PeopleSoft HCM Global Payroll France

DSN (Déclaration Sociale Nominative)

The Government of France released Phase 3 of Déclaration Sociale Nominative (DSN) on 9th January this year. DSN Phase 3 will be mandatory from January 2016 and private organizations are obligated to report as per the norm. Oracle has updated its position on DSN Phase 3 and details regarding the same can be obtained from the document available on My Oracle Support under Document ID 1968781.1. Further, updates to our earlier position statement for the month of December 2014 is also available on My Oracle Support under Document ID 1926690.1.

Le gouvernement de la France a publié la phase 3 de la Déclaration Sociale Nominative ( DSN ) le 9 Janvier de cette année. DSN Phase 3 sera obligatoire à partir de Janvier 2016 et les organisations privées sont tenues de déclarer selon la norme. Oracle a mis à jour un énoncé de position sur la DSN phase 3 et ces détails peuvent être obtenus dans le document 1968781.1 sur My Oracle Support. En outre, des mises à jour à notre précédent énoncé de position du mois de Décembre 2014 sont également disponibles dans le document 1926690.1 sur My Oracle Support.

Tuesday Mar 10, 2015

Legislative Update for PeopleSoft HCM Global Payroll Australia

There were amendments to FBT rate, bench mark interest rate and reportable fringe benefits. The Position Statement has been revised to include more details about these legislative updates and the patch availability. 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 1985727.1.

Wednesday Mar 04, 2015

Legislative Update for PeopleSoft HCM Global Payroll Australia

The minimum amount to be reported at ‘Lump sum E’ in payment summaries will increase from $400 to $1,200 from 1 July 2015. Payees with a substantial lump sum E amount reported on their payment summary may be entitled to a tax offset. In order to ensure compliance with these legislative initiatives Oracle has published an updated position statement on My Oracle Support, Document ID 1985727.1. We encourage our customers to review the latest Statement to keep up to date.

Thursday Feb 05, 2015

Legislative Update for PeopleSoft HCM Global Payroll Hong Kong

Statutory Minimum Wage Rate

The Chief Executive in Council has adopted the recommendation of the Minimum Wage Commission of Hong Kong to raise the Statutory Minimum Wage rate (SMW) to $32.5 per hour. Subject to the approval of the Legislative Council, the revised SMW rate will take effect from 1 May 2015. The Position Statement has been revised to include more details about these legislative updates and the patch availability. 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 1963839.1.

Saturday Jan 31, 2015

Legislative Update for PeopleSoft HCM Global Payroll China

PHFSI amendments

There were changes related to Social Insurance for Tianjin region. The notified changes were published in 2015. 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 1965056.1.

Chinese Version -

从2015年 开始,有关天津地区的社会保险 相关的法律变 更已公布。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:1965056.1.

Monday Jan 26, 2015

Legislative Update for PeopleSoft HCM Global Payroll India

Form 16 E Token Digital Signature

An update has been provided in the Position Statement about the solution for Form-16 Digital Signature using E Token. We advise customers to review the position statement for the patch availability. The document is available on My Oracle Support under Document ID 1962660.1

Friday Jan 16, 2015

Legislative Update for PeopleSoft HCM Global Payroll Spain

Starting January 2015,  Tax and Social Security legal changes have been published affecting Global Payroll Spain product:
1) Social Security upper ceiling and maximum bases amounts have been updated.
2) Statutory rates for 2015 like SMI have been modified.
3) Changes have been on the taxes calculation (IRPF and IRNR) as reaction to the Law 26/2014 of November 27th.
4) Withholding bracket for Navarra has been updated.

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. 

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.

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.

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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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