Forum Discussion

Madaleen's avatar
Madaleen
MYOB Product Manager
5 days ago

NZ : Roll out of NZ tax updates

Hi there,

 

The NZ tax updates will be rolled out through our online dynamic calculation engine (DCE) on 17 July and do not require upgrades to Advanced Payroll. From 18 July, when customers open a pay with a physical pay date of 31 July 2024 or later, the new tax thresholds will automatically be applied.

You can access the release notes here: New Zealand tax threshold updates – July 2024

Timeline:

 

  • 15 July: Preview of customer email sent to partners
  • 17 July: DCE changes are live.
  • 18 July: Customer email and in product notification to all NZ Payroll customers

See previous post : https://community.myob.com/discussions/advancedpeople/nz--in-progress---advanced-payroll-tax-changes-for-2425-tax-table-revision/872193

Regards,

Madaleen Bothma
Advanced Payroll and Workforce Management

1 Reply

  • Madaleen's avatar
    Madaleen
    MYOB Product Manager

    Hi all, 

    Please note a change to the timeline as we released DCE early.

     

    • 15 July: DCE changes are live
    • 15 July: In product notification to all NZ Payroll customers
    • 18 July: Customer email to all NZ Payroll customers

    Regards,

    Madaleen Bothma
    Advanced Payroll and Workforce Management