Stay informed about the updates applied to PeopleSoft applications to keep your organization compliant

Legislative Update for PeopleSoft HCM Global Payroll New Zealand

Paul Smit
Director Product Management

The Inland Revenue Department of New Zealand has released the specifications for payroll calculations & business rules during last week of November.
Additional Kiwisaver contribution rates have been announced. These statutory changes are effective 1st of April 2019.

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 Position Statement can be found on My Oracle Support, Document ID 2357692.1.

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