NZ launches own version of STP, impacting Aussie firms
New Zealand has launched a reporting system similar to Single Touch Payroll, with the change also applicable to Australian and other foreign businesses with New Zealand-based employees.
Called payday filing, the Kiwi system went live from Monday this week (1 April) and applies to all employers of New Zealand residents — including foreign businesses — and takes effect for each employer from the first pay run they make from that date.
Read more at MyBusiness.
