Inland Revenue Department has released amendments to Student Loan Thresholds for fiscal year effective 1st of April 2018.
Details about these changes is available in our position statement on My Oracle Support, Document ID 2357692.1. We encourage our customers to review the latest Statement to keep up to date.
Patch details for earlier changes, including ACC’s earner’s levy rate and threshold, can be found on My Oracle Support, Document ID 2349545.1.
For Pay Day Reporting, we will be organizing a Special Interest Group meeting, to share more information about this significant change to the way companies report payroll information.