text:
PeopleSoft Legislative Updates
Stay informed about the updates applied to PeopleSoft applications to keep your organization compliant
Try Oracle Cloud Platform For Free
Legislative Update for PeopleSoft Benefits: Affordable Care Act (ACA) Reporting for 2019/2020
PeopleSoft Patchset 29469807has been posted to meet ACA reporting requirements...
Legislative Update for PeopleSoft Global Payroll Australia
Following the budget announcement by the Government of Western Australia, the Department of Finance published Amendments to The Payroll Tax Act of 2002 and Payroll Tax Assessment Act of 2002, establishing a tiered payroll tax scale. The change, which comes fully into effect in 2021, means businesses will only start paying the tax when the total amount they spend on employees hits $1 million, instead of the current threshold of $850,000. From January 2020, the threshold will be raised to $950,000. In order to ensure compliance with these legislative initiatives Oracle has published a position statement on My Oracle Support, Document ID 2626371.1 detailing the requirement and information on solution delivery. We encourage our customers to review the latest Statement to keep up to date.
Following the budget announcement by the Government of Western Australia, the Department of Finance published Amendments to The Payroll Tax Act of 2002 and Payroll Tax Assessment Act of 2002,...
Legislative Update for PeopleSoft HCM Global Payroll India
The Central Board of Direct Taxes (CBDT) has amended Form 24Q to align with Form-16 with respect to Chapter VI-A Deductions. The Revised File Format for Form 24Q (4th Quarter) Version 6.5 is made available via Tax Information Network by Income Tax Department on December 27, 2019. Our position statement has been revised to include these legislative changes and appropriate information on solution delivery. The Position Statement can be found on My Oracle Support, Document ID 2626375.1. We encourage our customers to review the latest statement to keep up to date.
The Central Board of Direct Taxes (CBDT) has amended Form 24Q to align with Form-16 with respect to Chapter VI-A Deductions. The Revised File Format for Form 24Q (4th Quarter) Version 6.5 is...
Legislative Update for PeopleSoft HCM Global Payroll Australia
Effective retroactively from July 2019, the Australian Government has extended the concessional tax treatment of genuine redundancy and early retirement scheme payments to those who had reached the current age based limit of 65 years but not the Age Pension qualifying age. The changes apply to payments received by employees who are dismissed or retire on or after July 1, 2019. In order to ensure compliance with these legislative initiatives Oracle has published a position statement on My Oracle Support, Document ID 2626371.1. We encourage our customers to review the latest Statement to keep up to date.
Effective retroactively from July 2019, the Australian Government has extended the concessional tax treatment of genuine redundancy and early retirement scheme payments to those who had reached the...
Legislative Update for PeopleSoft HCM Global Payroll New Zealand
Inland Revenue has released the further amendments to the specification document for year 2020. There are changes to student loan repayment threshold where new limits are introduced effective April 2020. Our Position Statement has been revised to include this legislative update and the delivery timelines, where appropriate. 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 2625588.1.
Inland Revenue has released the further amendments to the specification document for year 2020. There are changes to student loan repayment threshold where new limits are introduced effective April...
Legislative Update for PeopleSoft HCM Global Payroll Switzerland
PeopleSoft Global Payroll Switzerland has announced legislated changes for 2020. These changes cover the following: AHV_AVS Contribution raised from 10.25 to 10.55 Cantonal Source Tax Rates and Commission Cantonal Child Allowances and Employer Contribution Rates Additional employer contribution managed by FAK_CAF Update Postal codes and Village Codes (Steuergemeinde) Update Bank information Customers can review more details surrounding these changes as well as our delivery plans on My Oracle Support, Document ID 2622739.1
PeopleSoft Global Payroll Switzerland has announced legislated changes for 2020. These changes cover the following: AHV_AVS Contribution raised from 10.25 to 10.55 Cantonal Source Tax Rates and...
Inland Revenue has released the specification document for year 2020. There are changes to maximum liable earnings for Accident Compensation Corporation (ACC) Earner's levy where new thresholds are introduced effective April 2020. Changes to Student Loan threshold is waiting for parliament approval and expected to be released by the end of December 2019. Additionally, the draft specification of changes to Pay Day Reporting (PDR) is also released. These PDR changes are effective April 2021. Our Position Statement has been revised to include these legislative updates and the delivery timelines, where appropriate. We advise customers to review our Position Statement to keep up-to-date. The Position Statement can be found on My Oracle Support, Document 2619487.1.
Inland Revenue has released the specification document for year 2020. There are changes to maximum liable earnings for Accident Compensation Corporation (ACC) Earner's levy where new thresholds are...
Legislative Update for PeopleSoft Payroll for North America: Tax Update 19-E and Form W-4 for 2020
2019 Legislative Patchset 30480508 has posted for Release 9.2 and Tax Update 19-E is now available for releases 8.9, 9.0, & 9.1. Tax Update Notes and Supplemental Docs for Release 9.2 can be found on Document 1917096.2. We did not deliver 1/01/2020 tax rows in these patches. We are posting Proof of Concept (POC) patches with a 12/31/2019 row to help with your testing. Customers on lower releases should have received the POC and password. Customers on Release 9.2 can download the POC via Patch 30490849 and retrieve the password from our Payroll Hot Topics Document. The POC delivers a script to update the State Tax Table entry for State = $U with a row with Effective Date =12/31/2019. This script can be used to test product modifications delivered in Tax Update 19-E to implement the new Form W-4 for 2020 and related U.S. Federal withholding tax changes. The script delivered in the POC patch is for testing purposes only. This script should NOT be applied to production databases. The withholding tax rates in the table update provided in the script delivered with this patch are from the preliminary draft version of IRS Pub. 15-T, and are not actual 2020 withholding tax rates. For additional information on using the script delivered in this patch to test the product modifications delivered in Tax Update 19-E to implement the new Form W-4 for 2020, see the following topics in the separate user documentation delivered with Tax Update 19-E Form W-4 2020 & Federal Withholding Tax Changes: Application Package (PY_W4) Paycheck Options Table Preparing for Testing We will deliver the 2020 rows in the special Year-End patches. Join us Tuesday, December 10 for our 19-E Tax Update Advisor Webcast. If you have not already registered you can register here.
2019 Legislative Patchset 30480508 has posted for Release 9.2 and Tax Update 19-E is now available for releases 8.9, 9.0, & 9.1. Tax Update Notes and Supplemental Docs for Release 9.2 can be found on D...
Legislative Update for PeopleSoft Payroll for North America: 2020 U.S. Form W-4 Latest News
Although we are still waiting on final IRS decisions, our development team is working around the clock to provide a processing framework for the new U.S. Form W-4 for 2020. In Tax Update 19-E, we expect changes to the following payroll business processes: Employee Federal Tax Data Administrative page Review Paycheck (administrator view) COBOL calculations Automatic tax processing for new hires, rehires Paycheck and advice statements (PAY003, DDP003) Join us December 10 for our Tax Update 19-E Advisor Webcast. We will discuss how we are delivering the changes, what to expect with the delivered changes, and tools for testing your online, batch, and self-service functionality in your test environments before implementing. Register for the Webcast here. Did you miss our Year-End Advisor Webcast? We outlined our plans for delivery of the product modifications needed and discussed how things will work in 2020. Watch the recording and download the slides here. More questions? See our 2020 Form W-4 FAQ Document Join the discussion on our Payroll for North America W-4 Thread
Although we are still waiting on final IRS decisions, our development team is working around the clock to provide a processing framework for the new U.S. Form W-4 for 2020. In Tax Update 19-E, we...
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 have been deducted. This amount is termed as Protected Earnings Amount (PEA). For the year 2020, the PEA from 1st of January is set to $378.53 weekly. This is the amount that must be set aside for your employee/contractor after tax and child support have been deducted. In order to ensure compliance with these legislative initiatives Oracle has published a revised position statement on My Oracle Support, Document ID 2490264.1. We encourage our customers to review the latest Statement to keep up to date.
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 have been deducted. This amount is termed as Protected...
Legislative Update for PeopleSoft Benefits: Affordable Care Act (ACA) State Reporting
In January 2019, the Federal Individual Mandate of the Affordable Care Act, (ACA) was effectively eliminated with the passing of the Tax Cuts and Jobs Act. Subsequently, several states, along with the District of Columbia have responded by implementing their own mandates and reporting requirements. Reporting requirements vary by state. We have issued a Position Statement on state reporting requirements as they apply to PeopleSoft Benefits. The Position Statement can be found on My Oracle Support, Document ID 2604326.1.
In January 2019, the Federal Individual Mandate of the Affordable Care Act, (ACA) was effectively eliminated with the passing of the Tax Cuts and Jobs Act. Subsequently, several states, along with...
Legislative Update for PeopleSoft HCM Global Payroll for Malaysia
On October 11, 2019, the Malaysian government presented the budget for Financial Year 2020. Key highlights are: Introduction of a new 30% tax bracket for individuals, on chargeable income above RM2 million Tax relief for medical expenses coverage to include the cost of fertility treatment, and The Tax relief for fees paid to approved child care centers and kindergartens is increased from RM 1,000 to RM 2,000 More information on this has been provided in our Position Statement which can be found at My Oracle Support, Document ID 2603958.1. We encourage our customers to review the latest statement to keep up to date.
On October 11, 2019, the Malaysian government presented the budget for Financial Year 2020. Key highlights are: Introduction of a new 30% tax bracket for individuals, on chargeable income above RM2...
Legislative Update for PeopleSoft HCM Global Payroll for United Kingdom
HM Revenue & Customs has released changes to Real-Time Information (RTI) Reporting for Fiscal Year 2020-21. Additionally, rates and thresholds of student loans and PG loans for 2020-21 have also been released. These legislative changes are effective April 6, 2018. Our Position Statement has been updated with these legislative changes. We encourage our customers to review the latest statement to keep up to date. The Position Statement can be found on My Oracle Support, Document ID 2589140.1.
HM Revenue & Customs has released changes to Real-Time Information (RTI) Reporting for Fiscal Year 2020-21. Additionally, rates and thresholds of student loans and PG loans for 2020-21 have also been...
Legislative Update for PeopleSoft Human Resources – Posting of EEO-1 Component 2 Position Statement
Pursuant to the District Court decision in National Women's Law Center, et al., v. Office of Management and Budget, et al., Civil Action No. 17-cv-2458 (D.D.C.), covered employers must submit Component 2 EEO-1 W-2 and hours worked data for calendar years 2017 and 2018 by September 30, 2019. The Employer Information EEO-1 report (Standard Form 100) is collected annually under the authority of Title VII of the Civil Rights Act of 1964, 42 U.S.C. 2000e, et. seq., as amended. All employers with 15 or more employees are covered by Title VII and are required to keep employment records as specified by Commission regulations. Based on the number of employees and federal contract activities, certain employers are required to file an EEO-1 report on an annual basis under the Equal Employment Opportunity Commission (EEOC) and the U.S. Department of Labor Office of Federal Contract Compliance Programs (OFCCP) regulations. Oracle has published the position statement on EEO-1 Component 2 Reporting which can be found on My Oracle Support, My Oracle Support, DOC ID 2578471.1 We advise our customers to review the position statement to keep up-to-date.
Pursuant to the District Court decision in National Women's Law Center, et al., v. Office of Management and Budget, et al., Civil Action No. 17-cv-2458 (D.D.C.), covered employers must submit Component...
PeopleSoft EEO-1 Component 2 Report - UPDATED (8/8/19)
The Employer Information EEO-1 Report is a compliance survey mandated by Title VII of the Civil Rights Act of 1965 with amendments and administered by the Equal Employment Opportunity Commission (EEOC) and the U.S. Department of Labor Office of Federal Contract Compliance Programs (OFCCP). The current survey, also referred to as Component 1, requires companies to categorize employment data by race/ethnicity, gender and job category. Starting in 2017, in addition to Component 1, employers were required to submit pay data (also known as Component 2) as part of EEO-1 reporting to improve investigations of possible pay discrimination by gender, race or ethnicity. However, later in 2017 the Office of Management and Budget (OMB) suspended pay-collection provisions (Component 2) included in the EEO-1 revisions. In 2019, a Federal judge reinstated the revised EEO-1 Component 2 reporting provisions. As a result, the EEOC announced the reinstatement of the revised EEO-1: Pay Data Collection, which requires the collection and submission of 2017 and 2018 pay data (Component 2) by September 30, 2019. The EEOC posted the Pay Data and Hours requirements in early July and the file layout was posted on July 15. We have analyzed the EEOC Component 2 requirements and development has started working on the Component 2 requirements. There are some additional complexities we need to consider for customers who don't use PeopleSoft Payroll for North America (ex. they use ADP), they need the ability to load in their 3rd party data needed for Component 2 reporting. We are planning on posting a position statement (next 7+ days) on what Oracle/PeopleSoft will be delivering for EEOC Component 2. To follow is a recap of the proposed EEO-1 changes: Important Notes: Oracle will provide a solution for PeopleSoft Release 9.2 only The EEO-1 report is a Human Resource report, but will require Pay data to populate the report PeopleSoft is planning to deliver a solution that provides an ability to load Pay and Hours worked from Payroll for North America or an external source to generate Component 2 reporting Oracle will post an updated blog once overall guidance and final specifications of Component 2 data from the EEOC is provided For latest EEO-1 information - https://www.eeoc.gov/employers/eeo1survey/index.cfm Who must file an EEO-1 report? - https://www.eeoc.gov/employers/eeo1survey/whomustfile.cfm
The Employer Information EEO-1 Report is a compliance survey mandated by Title VII of the Civil Rights Act of 1965 with amendments and administered by the Equal Employment Opportunity Commission...
Legislative Update for PeopleSoft Payroll for North America: Form W-4 for 2020
Many customers have asked about the direction PeopleSoft will pursue with the updates for the 2020 Form W-4. After the Internal Revenue Service finalizes the design of the 2020 Form W4, our intentions are to deliver patches to accommodate the changes in Tax Update 19-E or shortly thereafter. The changes to the W-4 are expected to require significant changes to the online Federal Tax Data administrative pages, changes to the structure of our tax tables, COBOL modifications, and updates to our self-service functionality. Our plans for self-service functionality are as follows: We plan to update the Federal PDF updatable form for Release 9.2 We plan to also update the Classic/Classic Plus Self-Service form for all releases (8.9, 9.0, 9.1, and 9.2).
Many customers have asked about the direction PeopleSoft will pursue with the updates for the 2020 Form W-4. After the Internal Revenue Service finalizes the design of the 2020 Form W4, our...
The IRS has posted a draft of Publication 15-T, Federal Income Tax Withholding Methods, to provide a first look at the new employer steps to figure federal income tax withholding. Earlier this year, the IRS posted the first draft of the 2020 Form W-4 for viewing and comment. . The proposed W-4 form contains multiple changes including a new Head of Household employee tax status, a multiple job checkbox, new methods for claiming dependents and allowances, and optional adjustments for additional income and additional deductions. Our expected system modifications will include administrative pages, Employee Self-Service pages, Tax Table changes, and COBOL modifications. Watch our Payroll Hot Topics Document for additional updates, target information, and posting links as they become available. For more information, see these links on IRS.gov https://www.irs.gov/newsroom/irs-treasury-unveil-proposed-w-4-design-for-2020 https://www.irs.gov/newsroom/faqs-on-the-early-release-of-the-2020-form-w-4
The IRS has posted a draft of Publication 15-T, Federal Income Tax Withholding Methods, to provide a first look at the new employer steps to figure federal income tax withholding. Earlier this year,...
Post winning the elections, the Current Government presented the union budget for Fiscal Year 2019-20 on July 5, 2019. There were amendments with respect to Surcharge on Income Tax and deductions from Total Income. These amendments will take effect April 1, 2020 and will, accordingly, apply in relation to assessment year 2020-21. Also note that the Finance Bill tabled in Parliament is pending royal assent from the President. 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 2502935.1.
Post winning the elections, the Current Government presented the union budget for Fiscal Year 2019-20 on July 5, 2019. There were amendments with respect to Surcharge on Income Tax and deductions from...
Legislative Update for PeopleSoft Payroll for North America: Washington Extends Timeline Once Again for Quarterly Paid Family Leave Reporting
The State of Washington has once again extended the timeline for quarterly reporting of Paid Family and Medical Leave. https://paidleave.wa.gov/employers Employers can now report and remit premiums for quarters one and two between July 1 and August 31. This change is for 2019 only.
The State of Washington has once again extended the timeline for quarterly reporting of Paid Family and Medical Leave. https://paidleave.wa.gov/employers Employers can now report and remit premiums for...
Legislative Update for PeopleSoft Global Payroll France
French Authorities have published a new technical book for DSN reporting effective from January 2020 (Version 2020.1.1). Oracle has delivered first set of changes on the DSN structure for 2020: nodes, attributes and datatypes to comply with these new requirements. Details of these legislative changes along with information about other incoming deliverables like part II of DSN2020 requirements are now available on My Oracle Support under Document ID 2491739.1. Our Position Statement has been revised to include these legislative update. 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 2491738.1. Les autorités Françaises ont publié un nouveau cahier technique pour la DSN, effectif à partir de janvier 2020 (Version 2020.1.1). Oracle a delivré une première serie de modifications de la structure DSN pour 2020: Blocs, rubriques et type de données pour être en adéquation avec ces modifications. Les détails de ces modifications législatives et les détails d'autres délivrables tels que la partie 2 de la DSN 2020 sont maintenant disponibles sur My Oracle Support sous le Document ID 2491739.1. Notre "Position Statement" a été modifié afin d'inclure ces modifications. Nous conseillons à nos clients de vérifier notre "Position statement" pour être à jour. Il est disponible sur My Oracle Support, Document ID 2491738.1.
French Authorities have published a new technical book for DSN reporting effective from January 2020 (Version 2020.1.1). Oracle has delivered first set of changes on the DSN structure for 2020: nodes,...
The Australian Treasury Office (ATO) has released a new Electronic Reporting Specification for Tax file number (TFN) declaration, Version 4.0.0. There are changes proposed to data records, values and certain definitions. In addition to this, Queensland Government has announced Payroll Tax changes in the Budget presented on 11th of June 2019. Both these changes are effective 1st July 2019. Our Position Statement has been revised to include these legislative updates. The Position Statement can be found on My Oracle Support, Document ID 2490264.1. We advise our customers to review the position statement to keep up-to-date.
The Australian Treasury Office (ATO) has released a new Electronic Reporting Specification for Tax file number (TFN) declaration, Version 4.0.0. There are changes proposed to data records, values and...
The Ministry of Labour and Employment has released notification for reducing the contribution under the Employees' State Insurance (ESI) Act to 4% from 6.5%. This includes a reduction of 1.5% in employers' contribution to 3.25% from 4.75% and 1% reduction in employees' contribution to 0.75% from 1.75%. These changes are effective 1st July 2019. Our position statement has been revised to include these legislative updates and information on solution delivery. The Position Statement can be found on My Oracle Support, Document ID 2502935.1. We encourage our customers to review the latest statement to keep up to date.
The Ministry of Labour and Employment has released notification for reducing the contribution under the Employees' State Insurance (ESI) Act to 4% from 6.5%. This includes a reduction of 1.5%...
Legislative Update for PeopleSoft Payroll for North America: Massachusetts Delays Implementation of Paid Family & Medical Leave
The Massachusetts Legislature announced on June 14 that legislation has been enacted to delay the start of employee and employer contributions to the Paid Family and Medical Leave Program (PFML) for three months, until October 1, 2019. As a result of the delay, the total contribution rate will be adjusted from 0.63% to 0.75% of qualified earnings. https://www.mass.gov/news/notice-to-massachusetts-employers-about-pfml-delay PeopleSoft has delivered standalone postings to provide functionality for the PFML program as of July 1, 2019. Customers who have applied the patches should review the instructions for modifying the tax table in the interim period found on our Payroll Hot Topics Document. We will deliver a script to update the tax table entries in Tax Update 19-C, scheduled for mid-July.
The Massachusetts Legislature announced on June 14 that legislation has been enacted to delay the start of employee and employer contributions to the Paid Family and Medical Leave Program (PFML) for...
Legislative Update for PeopleSoft Payroll for North America: IRS Releases Draft 2020 Form W-4
On May 31, 2019 the IRS posted the first draft of the 2020 Form W-4 for viewing and comment. The IRS expects that related instructions for employers will be released in the next few weeks as well. As anticipated, there are major revisions to the form as a result of the Tax Cuts and Jobs Act of 2017. Our tax analysts are reviewing the form for needed modifications, but we will need to await information on how the values from fields on the new form will be used in withholding tax calculations for 2020 before we can review any changes or modifications needed to the payroll tax calculation. As we have updates on our plans, we will post updates on our Payroll Hot Topics Document on My Oracle Support. For more information: https://www.irs.gov/newsroom/irs-treasury-unveil-proposed-w-4-design-for-2020 https://www.irs.gov/newsroom/faqs-on-the-early-release-of-the-2020-form-w-4
On May 31, 2019 the IRS posted the first draft of the 2020 Form W-4 for viewing and comment. The IRS expects that related instructions for employers will be released in the next few weeks as well. As...
Following the budget announcement by the Government, ATO has now released Study and Training Support Loans rates and thresholds. Our Position Statement has been revised to include these legislative updates. The Position Statement can be found on My Oracle Support, Document ID 2490264.1. We advise customers to review our position statement to keep up-to-date.
Following the budget announcement by the Government, ATO has now released Study and Training Support Loans rates and thresholds. Our Position Statement has been revised to include these...
The Central Board of Direct Taxes (CBDT) has amended Form 24Q to make them more elaborative and informative. The same has been done to bring the Forms in parity with latest changes made in ITR Forms such as disclosure of deductions and exemptions. The revised File Format for Form 24Q (4th Quarter) Version 6.4 has been made available via Tax Information Network by Income Tax Department on 13th of May 2019. The CBDT also released a notification on 6th of May 2019 with regards to the procedure, format and standards for issuance of certificate for tax deducted at source in Part B of Form No. 16. All deductors shall be able to issue the TDS certificate in Part B of Form No. 16 either by generation or via download through TRACES Portal. The format specified in the notification comes into effect from May 12, 2019. Our position statement has been revised to include these legislative changes and information on solution delivery. The Position Statement can be found on My Oracle Support, Document ID 2502935.1. We encourage our customers to review the latest statement to keep up to date.
The Central Board of Direct Taxes (CBDT) has amended Form 24Q to make them more elaborative and informative. The same has been done to bring the Forms in parity with latest changes made in ITR...
Legislative Update for PeopleSoft HCM Global Payroll China
Changes to 2019 social insurance and public housing fund for Beijing, Shanghai regions have been announced and the solution posting timelines for these changes have been updated in our position statement. Oracle has now published the position statement on My Oracle Support, Document ID 2500689.1. We request customers to review the position statement to keep up-to-date. Chinese Version - 有关2019年的北京市以及上海市的上一年的社平工资,社保基数以及住房公积金标准已公布。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:2500689.1.
Changes to 2019 social insurance and public housing fund for Beijing, Shanghai regions have been announced and the solution posting timelines for these changes have been updated in our position...
The Central Board of Direct Taxes (CBDT) have introduced a new Format for Form 16. The new form has detailed break up of exempt allowances paid to the employee, standard deduction allowed and information on additional Income (or loss) from house property or income from other sources. The format specified in the notification comes into effect from May 12, 2019. Our position statement has been revised to include these legislative changes and information on solution delivery. The Position Statement can be found on My Oracle Support, Document ID 2502935.1. We encourage our customers to review the latest statement to keep up to date.
The Central Board of Direct Taxes (CBDT) have introduced a new Format for Form 16. The new form has detailed break up of exempt allowances paid to the employee, standard deduction allowed...
Following the budget announcement by the Government, our position statement has been updated with the information on amendments to the Tax Administration Act based on the changes released so far. Please note the measures announced as part of the Budget 2019-20 are subject to receiving royal assent. For more information on the changes as targeted for PeopleSoft Global Payroll Australia and the solution delivery timelines, we advise our customers to review the position statement made available on My Oracle Support, Document ID 2490264.1.
Following the budget announcement by the Government, our position statement has been updated with the information on amendments to the Tax Administration Act based on the changes released so far. Please...
Pay Day Reporting in Production It's about two years ago when the government announced the goal to modernize New Zealand's tax system, which has been our starting point to build a solution for PayDay Reporting, to allow for electronic filing of PAYE information on a payday basis, which as of April 1st 2019 has become compulsory. As of today it's my pleasure to announce that we have received the first confirmation for a successful PayDay submission by one of our customers, ACC. Thereby I like to share my appreciation for our partner DXC Red Rock to support this customer and others to move PayDay Reporting in production. Looking forward for more customers to follow. For insights into our solution, please check out the Deep Dive session as made available through Quest: https://questoraclecommunity.org/learn/videos/new-zealand-pay-day-reporting-deep-dive/ More details on the functionality can be found in our Online PeopleBooks, available through the PeopleSoft Information Portal: www.peoplesoftinfo.com/. For further news on Pay Day Reporting and more updates on GP New Zealand I like to refer to our Special Interest Group meetings, with the next call scheduled for coming Wednesday April 10th. If you are interested to join, but not yet on the invite list, you can contact me at paul.smit@oracle.com.
Pay Day Reporting in Production It's about two years ago when the government announced the goal to modernize New Zealand's tax system, which has been our starting point to build a solution for PayDay...
Legislative Update for PeopleSoft Payroll for North America: Revised Reporting Timeline for Washington State Paid Family & Medical Leave
The State of Washington has posted a revised timeline for Paid Family & Medical Leave reporting for the first quarter of 2019. Employers now can report and remit premiums for quarters one and two between July 1 and July 31. This change is for 2019 only. The notification of the extended timeline states: Employers will file two separate reports – one for each quarter There will be no fines or penalties for reporting and remitting Q1 in July We are tracking the reporting requirements on Base Bug 29450664, with delivery targeted for a special posting in early June. The quarterly report will also be included in Tax Update 19-C. Watch our Payroll Hot Topics Document for updates and postings when available. For more information, review the reporting timeline FAQ document posted on the Washington Paid Family & Medical Leave website.
The State of Washington has posted a revised timeline for Paid Family & Medical Leave reporting for the first quarter of 2019. Employers now can report and remit premiums for quarters one and two...
Legislative Update for PeopleSoft HCM Global Payroll Singapore
Singapore Government had announced Federal Budget 2019 during the week of February 18th. There were amendments related to Foreign Worker Levy (FWL). The Levy will remain unchanged for all sectors, the increase with effect from 01 July 2019 that was announced earlier is now deferred by a year and further announcement is expected in 2020. As there are no changes in the FWL rates, there is no impact to the product. 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 2512771.1.
Singapore Government had announced Federal Budget 2019 during the week of February 18th. There were amendments related to Foreign Worker Levy (FWL). The Levy will remain unchanged for all sectors, the...
Legislative Update for PeopleSoft HCM Global Payroll Brazil
eSocial Mapping Layout 2.5 ESocial Mapping The mapping for version 2.5 of eSocial Layouts is currently available in My Oracle Support, Document ID 1526487.1. Mapeamento do eSocial O mapeamento da versão 2.5 dos leiautes do eSocial está disponível no My Oracle Support, DocId 1526487.1.
eSocial Mapping Layout 2.5 ESocial Mapping The mapping for version 2.5 of eSocial Layouts is currently available in My Oracle Support, Document ID 1526487.1. Mapeamento do eSocial O mapeamento da...
The Finance Minister presented the interim budget on 1st of February 2019. There are amendments with respect to tax rebates, standard deduction and interest exemption on deposits made. These changes are effective 1st of April 2019 and applicable for fiscal year 2019 - 20. Our position statement has been updated with these legislative changes and its solution posting details. The Position Statement can be found on My Oracle Support, Document ID 2502935.1. We encourage our customers to review the latest Statement to keep up to date.
The Finance Minister presented the interim budget on 1st of February 2019. There are amendments with respect to tax rebates, standard deduction and interest exemption on deposits made. These changes...
Legislative Update for PeopleSoft HCM Global Payroll Hong Kong
Statutory Minimum Wage Rate and Paternity Leave 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 $37.5 per hour an increase of $3. Subject to the approval of the Legislative Council, the revised SMW rate will take effect from 1 May 2019. Besides the above, entitlement of Statutory Paternity Leave has been increased to 5 days from 3 for a child born on or after 18th of January 2019 provided the other requirements of law are fulfilled. The Position Statement has been revised to include more details about these legislative updates and the patch availability. The document is available on My Oracle Support, Document ID 2501210.1. We advise customers to review the position statement to keep up-to-date.
Statutory Minimum Wage Rate and Paternity Leave 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)...
Updates to China accumulative withholding tax calculation following further clarification from the Tax Bureau has impact on the solution posting timelines. Our position statement has been updated with these changes. Oracle has now published the position statement on My Oracle Support, Document ID 2500689.1. We request customers to review the same. Chinese Version - 有关中国国税局公布的自2019年1月1日起中国居民所得税将适用年累计预扣预缴的计税方式的法律变更,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:2500689.1.
Updates to China accumulative withholding tax calculation following further clarification from the Tax Bureau has impact on the solution posting timelines. Our position statement has been updated...
Inland Revenue has released the revised version of the specification document for 2019. There are amendments to maximum liable earnings for ACC Earner's levy, Student Loan annual repayment threshold etc. The changes are effective 1st April 2019. Details of these legislative changes along with solution posting information are now available on My Oracle Support under document ID 2496237.1. We advise customers to review our position statement to keep up-to-date.
Inland Revenue has released the revised version of the specification document for 2019. There are amendments to maximum liable earnings for ACC Earner's levy, Student Loan annual repayment threshold...
Legislative Update for PeopleSoft HCM Global Payroll France
The French Government, as part of their annual routine, has announced updates on Social Security Ceilings, Benefit In Kind (Lodgment, Food/meal), Minimum Salary (SMIC) , Garnishments (Saisies sur Salaires) or Fillon Reduction. These changes are effective from 1st of January 2019. Details of this legislative change are now available on My Oracle Support under document ID 2491739.1. Additionally, Oracle is working on the impact of the Loi portant mesures d'urgence économiques et sociales, and the reform of contribution exemptions for apprenticeship and professionalization contracts as included in the Loi de financement de la sécurité sociale pour 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 2491738.1. Le gouvernement français a annoncé les mises à jours annuelles du plafond de securité sociale, avantages en nature logement et nourriture,salaire minimun (SMIC), saisies sur salaires et réduction Fillon. Ces changements sont applicables dès le 1° janvier 2019. Les détails de ces évolutions sont maintenant disponibles sur My Oracle Support, document ID 2491739.1. De plus, Oracle étudie l'impact de la loi portant mesures d'urgence économiques et sociales, et la réforme des allègements de charges pour les apprentis et les contrats de professionalisation, inclus dans la Loi de financement de la sécurité sociale pour 2019. Notre "Position Statement" a été modifié afin d'inclure ces modifications. Nous conseillons à nos clients de vérifier notre "Position statement" pour être à jour. Il est disponible sur My Oracle Support, Document ID 2491738.1.
The French Government, as part of their annual routine, has announced updates on Social Security Ceilings, Benefit In Kind (Lodgment, Food/meal), Minimum Salary (SMIC) , Garnishments (Saisies sur...
Legislative Updates for PeopleSoft Payroll for North America - Year-End Postings for Puerto Rico Now Available
We have delivered product modifications to support Puerto Rico year end reporting for tax year 2018. The deliverables include scripts, SQRs, SQCs, object changes, and message catalog updates. Please see the separate user documentation posted to My Oracle Support for detailed information on the product modifications. For links to the patches for all releases, see our Payroll Hot Topics document. All of the updates delivered in this patch will also be included in Tax Update 19-A.
We have delivered product modifications to support Puerto Rico year end reporting for tax year 2018. The deliverables include scripts, SQRs, SQCs, object changes, and message catalog updates. Please...
Legislative Updates for PeopleSoft Global Payroll Spain
On December 28th Oracle delivered 2018 Tax Update #11 containing the changes to comply, among other, with: Orden HAC/1417/2018 that establish the technical requirements for Model 190 for 2018 Real Decreto 1462/2018 that establishes the new Minimum Salary for 2019, and the impact on the minimum Social Security Bases Real Decreto 1461/2018 that modified the calculation of the Tax percentage for 2019 Oracle is currently working on a Tax Update to reflect in the new tax rates effective from January 2019, as published for Historical Territories of Guipuzkoa and Bizkaia (Decreto Foral 31/2018 and Decreto Foral 170/2018). Same changes will be delivered also for Alava. We expect to publish the changes by January 18. The Spanish Government published RDL 28/2018 on the BOE of December 29th. This law contained changes on the Maximum Social Security ceiling/bases for 2019. Oracle has already shared those changes through a paper fix that should be applied on top of 2018 Tax Update#11. Additionally, RDL 28/2018 includes other changes that impact Social Security calculation. Oracle is currently working on those changes and plan to deliver them before the end of January. Finally, Oracle is also working on the changes on the XML reporting to Fundación Tripartita for 2019. We expect to deliver those changes during January and February 2019. 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.
On December 28th Oracle delivered 2018 Tax Update #11 containing the changes to comply, among other, with: Orden HAC/1417/2018 that establish the technical requirements for Model 190 for 2018 Real...
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 have been deducted. This amount is termed as Protected Earnings Amount (PEA). The PEA is reviewed each year and adjusted on 1st of January to allow for increases in the cost of living. For the year 2019, the PEA from 1st of January is set to $372.53 weekly. This is the amount that must be set aside for your employee/contractor after tax and child support have been deducted. In order to ensure compliance with these legislative initiatives Oracle has published a revised position statement on My Oracle Support, Document ID 2490264.1. We encourage our customers to review the latest Statement to keep up to date.
Changes to accumulative withholding tax calculation methods have been announced and the solution posting timelines for this change has been updated in our position statement. Oracle has published the position statement on My Oracle Support, Document ID 2381885.1. We request customers review the position statement to keep up-to-date. Chinese Version - 有关中国国税局公布的自2019年1月1日起中国居民所得税将适用年累计预扣预缴的计税方式的法律变更,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:2381885.1.
Changes to accumulative withholding tax calculation methods have been announced and the solution posting timelines for this change has been updated in our position statement. Oracle has published the...
Legislative Update for PeopleSoft Payroll for North America - Year-End Special Postings Are Now Available
Patches are available for both U.S. and Canadian Year-End tax and legislative items announced too late for delivery with Tax Update 18-E. Patch 28537830 modifies COBOL object PSPCNTAX.CBL to implement the 2019 Canadian federal and Quebec provincial changes. These include the new federal variable DQ for employees transferring from QC to another province during the year as well as changes to the amounts for Variable K4 - Canada Employment Credit, Yukon K4P – Provincial Employment Credit and Variable S - British Columbia tax reduction calculation. Patch 28956106 and Patch 28932861 deliver updates to U.S. and Canadian payroll tax tables with changes that were announced too late for delivery in Tax Update 18-E. The table entries for the majority of these changes are effective-dated 01/01/2019. For links to the patches for all releases, see our Payroll Hot Topics document. All of the table updates delivered in this patch will also be included in Tax Update 19-A.
Patches are available for both U.S. and Canadian Year-End tax and legislative items announced too late for delivery with Tax Update 18-E. Patch 28537830 modifies COBOL object PSPCNTAX.CBL to implement...
French Authorities have published a new technical book for DSN reporting effective from January 2019 (Version 2019.1.2). There were two technical books released during the first half of this year with versions CT2019.1 and CT2019.1.1 and the changes in these two technical books are now consolidated and delivered into the new version CT2019.1.2. Details of these legislative changes along with other deliverables concerning PAS are now available on My Oracle Support under document ID 2347863.1. Les autorités françaises ont publié un nouveau cahier technique pour la DSN, effectif en janvier 2019 (Version 2019.1.2). Deux cahiers tehniques ont été publiés durant le premier semestre 2018, version CT2019.1 et CT2019.2. Les modifications mentionnées dans ces deux cahiers techniques ont été consolidées dans la nouvelle version CT2019.1.2. Les détails de cette annonce législative et les mises à jour concernant le PAS sont disponibles sur My Oracle Support sous le document ID 2347863.1.
French Authorities have published a new technical book for DSN reporting effective from January 2019 (Version 2019.1.2). There were two technical books released during the first half of this year with...
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.
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...
PeopleSoft Global Payroll Switzerland has announced the legislated changes for 2019. These changes cover the following: Unemployment base limit for previous year termination Cantonal Source Tax Rates and Refund Rates Cantonal Child Allowances and Employer Contribution Rates Update XML for RaFam (Child's Country of Residence) Federal Pension Fund – Lower and Upper Ceilings Update Postal Codes and Village Codes (Steuergemeinde) Customers can review more details surrounding these changes as well as our delivery plans on My Oracle Support, Document ID 2484831.1.
PeopleSoft Global Payroll Switzerland has announced the legislated changes for 2019. These changes cover the following: Unemployment base limit for previous year termination Cantonal Source Tax Rates...
As the final step in the Whitelisting process, our PeopleSoft Single Touch Payroll (STP) solution has passed the Product Verification Testing (PVT). ATO has now allotted a Product ID whereby we are certified to Submit and Update the STP Pay Event. Customers are advised to work with their DSP to include the Product ID for STP file transmissions to ATO. More information on this, including the new Product ID, has been provided in our Position Statement which can be found at My Oracle Support, Document ID 2399614.1. We encourage our customers to review the latest statement to keep up to date.
As the final step in the Whitelisting process, our PeopleSoft Single Touch Payroll (STP) solution has passed the Product Verification Testing (PVT). ATO has now allotted a Product ID whereby we are...
The Inland Revenue Department has released a draft CSV template for the New and Departing employee file for Payday reporting. The file will have personal information of employees such as tax code, kiwisaver and contact details. The existing Excel template is also modified to include additional tax codes and changes to field sizes. 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.
The Inland Revenue Department has released a draft CSV template for the New and Departing employee file for Payday reporting. The file will have personal information of employees such as tax...
Legislative Update for PeopleSoft HCM Global Payroll Malaysia
On the 2nd of November 2018 the Malaysian government presented the budget for Financial Year 2019. Key highlights are: Increase in tax relief on savings in SSPN, Increase of income tax relief on contributions to an approved provident fund, takaful or life insurance premiums. More information on this has been provided in our Position Statement which can be found at My Oracle Support, Document ID 2356010.1. We encourage our customers to review the latest statement to keep up to date.
On the 2nd of November 2018 the Malaysian government presented the budget for Financial Year 2019. Key highlights are: Increase in tax relief on savings in SSPN, Increase of income tax relief on...
The State Revenue Office of South Australia announced changes to Payroll Tax effective 1st January 2019 and assented to on 25 October 2018. More information on this has been provided in our Position Statement which can be found at My Oracle Support, Document ID 2399614.1. We encourage our customers to review the latest statement to keep up to date.
The State Revenue Office of South Australia announced changes to Payroll Tax effective 1st January 2019 and assented to on 25 October 2018. More information on this has been provided in our...
Legislative Update for PeopleSoft Payroll for North America - Missouri 2018 Withholding Tax Changes
The Missouri Department of Revenue published a revised Form 4282 (Employer's Tax Guide) on October 3, 2018. The new Missouri withholding tax calculation formula no longer uses the number of allowances from Missouri Form MO W-4. Instead, the Missouri withholding tax calculation formula now uses the number of allowances claimed by the employee on IRS Form W-4, and requires calculating the estimated U.S. Federal tax on the employee's annualized wages, reduced by the Missouri standard deduction for the Filing Status claimed on Missouri Form MO W-4. We have delivered modifications to PSPUSTAX to support the new tax calculation formula. Links to patches can be found on our PeopleSoft Payroll Hot Topics Document. For a detailed description of the new Missouri withholding tax calculation formula, see Form 4282 (Revision 10/03/2018) on the website of the Missouri Department of Revenue.
The Missouri Department of Revenue published a revised Form 4282 (Employer's Tax Guide) on October 3, 2018. The new Missouri withholding tax calculation formula no longer uses the number of...
Legislative Update for PeopleSoft Payroll for North America - Washington State Paid Family and Medical Leave
Washington State has announced a new Paid Family Leave and Paid Medical Leave program. Employers with employees in Washington will be required to collect and remit premiums for the program on wages paid on or after January 1, 2019. The appropriate modifications to the system to meet these requirements are targeted for delivery in Tax Update 18-E. After applying the product modifications scheduled for delivery in Tax Update 18-E, customers will be responsible for updating the FLI Status and MLI Status fields on the employee's STATE_TAX_DATA from "Not Applicable" to the correct status for each Washington employee. Customers with large numbers of employees in Washington can write a SQL statement to update the values for these two fields. No conversion scripts will be provided in Tax Update 18-E. For more information on setup, see Knowledge Document 2460368.1.
Washington State has announced a new Paid Family Leave and Paid Medical Leave program. Employers with employees in Washington will be required to collect and remit premiums for the program on...
Legislative Update for PeopleSoft Global Payroll United Kingdom
HMRC has released changes to RTI Reporting (EPS & FPS) for Fiscal Year 2019-20, EYU for 2018-19, EOY P60 Changes for 2018-19 and SOY Student Loan Thresholds for 2019-20. These changes are effective April 6th 2019. Our position statement has been updated with these legislative changes. We encourage our customers to review the latest Statement to keep up to date. The Position Statement can be found on My Oracle Support, Document ID 2454080.1.
HMRC has released changes to RTI Reporting (EPS & FPS) for Fiscal Year 2019-20, EYU for 2018-19, EOY P60 Changes for 2018-19 and SOY Student Loan Thresholds for 2019-20. These changes are effective...
IRAS has made changes to the year-end tax forms, to be issued by the employer for the Year of Assessment 2019. The changes are with respect to text in the forms and with no changes to existing fields nor addition of new fields. 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 2366918.1.
IRAS has made changes to the year-end tax forms, to be issued by the employer for the Year of Assessment 2019. The changes are with respect to text in the forms and with no changes to existing...
The French Government has announced changes to the format of simplified payslip considering recent inclusion of Deduction at Source (PAS) and the merger of AGIRC-ARRCO. Employers are expected to make the new format of the payslip available to employees effective from January 2019. There are also changes announced to DSN reporting effective from January 2019. Details of these legislative announcements along with other deliverables concerning PAS are now available on My Oracle Support under document ID 2347863.1. Le gouvernement français a annoncé des modifications du modèle de bulletin de paie simplifié afin de prendre en compte le Prélevement à la source (PAS) et la fusion AGIRC-ARRCO. Le nouveau modèle de bulletin de paie doit être mis en place à partir de janvier 2019. Des modifications de la DSN sont également annoncés pur le 1° janvier 2019. Les détails de cette annonce législative et les mises à jour concernant le PAS sont disponibles sur My Oracle Support sous le document ID 2347863.1.
The French Government has announced changes to the format of simplified payslip considering recent inclusion of Deduction at Source (PAS) and the merger of AGIRC-ARRCO. Employers are expected to make...
IRS Postpones Revisions to Form W-4 until 2020
The following was posted on the IRS website September 20. Following feedback from the payroll and tax communities, the Treasury Department and the IRS will incorporate important changes into a new version of the Form W-4, Employee's Withholding Allowance Certificate, for 2020. The 2019 version of the Form W-4 will be similar to the current 2018 version. A new draft version of the W-4 for 2019 will be available in the coming weeks. For the current 2018 tax year, the IRS continues to strongly urge taxpayers to review their tax withholding situation as soon as possible to avoid having too little or too much withheld from their paychecks. Click here to perform a quick "paycheck checkup" using the IRS withholding calculator.
The following was posted on the IRS website September 20. Following feedback from the payroll and tax communities, the Treasury Department and the IRS will incorporate important changes into a new...
Legislative Update for PeopleSoft HCM Global Payroll Spain
Oracle has delivered changes to react to RED bulletin 02/2018 regarding new requirements on Cret@ reporting ("Sistema de Liquidación Directa") regarding the creation of two new complementary liquidations V90 and V03. Oracle has also published the changes on FDI file to be able to report Paternity leave in case that 5th week of absence is enjoyed separately from the first 4 weeks. Additionally Oracle is working on the changes in the Company Certificate report to be used in case of Maternity/Paternity as per the new layout published by Social Security. The Position Statement has been revised to include details about these legislative updates. 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.
Oracle has delivered changes to react to RED bulletin 02/2018 regarding new requirements on Cret@ reporting ("Sistema de Liquidación Directa") regarding the creation of two new complementary...
Changes to China individual income tax exemption amount and tax rate have been announced and the solution posting timelines for this change has been updated in our position statement. Oracle has published the position statement on My Oracle Support, Document ID 2381885.1. We request customers to review the position statement to keep up-to-date. Chinese Version - 有关自2018年10月1日起中国个人所得税减免额及税率的变更标准已公布。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:2381885.1.
Changes to China individual income tax exemption amount and tax rate have been announced and the solution posting timelines for this change has been updated in our position statement. Oracle...
Legislative Update for PeopleSoft Payroll for North America - New York Employer Compensation Expense Program (ECEP)
The New York Department of Taxation and Finance has established a new optional Employer Compensation Expense Tax (ECET) that employers can elect to pay if they have employees earning over $40,000 annually in wages and compensation in New York State. We have issued a Position Statement on this legislative update as it applies to Payroll for North America, specifically U.S. Payroll Processing. The Position Statement can be found on My Oracle Support, Document 2443798.1.
The New York Department of Taxation and Finance has established a new optional Employer Compensation Expense Tax (ECET) that employers can elect to pay if they have employees earning over $40,000...
RED bulletin 02/2018 contains changes on Cret@ reporting ("Sistema de Liquidación Directa") with the creation of two new complementary liquidations V90 and V03. New version of SILTRA handles the new Liquidation types. The Position Statement has been revised to include details about this legislative update as well as updates on the timeline for the other updates that are in progress. The Position Statement can be found on My Oracle Support, Document ID 1520058.1.
RED bulletin 02/2018 contains changes on Cret@ reporting ("Sistema de Liquidación Directa") with the creation of two new complementary liquidations V90 and V03. New version of SILTRA handles the new...
Draft 2019 Form W-4 Posted by IRS
The Internal Revenue Service posted a draft 2019 Form W-4 on June 5, 2018. https://www.irs.gov/pub/irs-dft/fw4--dft.pdf The IRS is expected to post another draft version of the form in mid-August, and the IRS has said the final version is not expected to be available until November. We are tracking the issues related to these changes under Base Bug 28180865, and we are monitoring the situation with the IRS very closely. Until final clarification and guidance are provided by the IRS, we are unable to provide a target date. PeopleSoft recognizes the urgency and importance of these changes, and we plan to deliver any necessary product modifications in a timely manner.
The Internal Revenue Service posted a draft 2019 Form W-4 on June 5, 2018. https://www.irs.gov/pub/irs-dft/fw4--dft.pdf The IRS is expected to post another draft version of the form in mid-August,...
Changes to 2018 social insurance and public housing fund for Beijing, Shanghai, Tianjin and Shenzhen regions have been announced and the solution posting timelines for this change has been updated in our position statement. Oracle has published the position statement on My Oracle Support, Document ID 2381885.1. We request customers to review the position statement to keep up-to-date. Chinese Version - 有关2018年的北京市上海市天津市深圳市的上一年的社平工资,社保基数以及住房公积金标准已公布。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:2381885.1.
Changes to 2018 social insurance and public housing fund for Beijing, Shanghai, Tianjin and Shenzhen regions have been announced and the solution posting timelines for this change has been updated in...
The ATO has released Single Touch Payroll (STP) Employee Commencement business implementation guide (BIG), which provides business context around the functionality of the design requirements. Our Position Statement been revised to include our stand on the Employee Commencement process; and Patch details for the latest STP feature updates; along with updates on the Payroll Tax for State Provinces. The document can be found at My Oracle Support, Document ID 2399614.1. We encourage our customers to review the latest statement to keep up to date.
The ATO has released Single Touch Payroll (STP) Employee Commencement business implementation guide (BIG), which provides business context around the functionality of the design requirements. Our...
Legislative Update for PeopleSoft HCM – California Data Privacy Update
Legislative Update for PeopleSoft HCM – California Data Privacy Update California has recently passed the United States toughest data privacy law "The California Consumer Privacy Act of 2018 (AB378)". Similar to GDPR (General Data Protection Regulation) in the European Union, it gives consumers more control over the use of their data. For any company that has assets in California or handles Californians' personal information, California's new Consumer Privacy Act of 2018 will likely have an impact on an origination's business operations. Organizations around the world have to comply with the California Consumer Privacy Act if they receive personal data from California residents and if they — or their parent company or a subsidiary — exceed one of three thresholds: (a) annual gross revenues of $25 million; (b) obtains personal information of 50,000 or more California residents, households or devices annually; or (c) 50 percent or more annual revenue from selling California residents' personal information. Parent companies and subsidiaries using the same branding are covered in the definition of "business," even if they themselves do not exceed the applicable thresholds. As written, the California Consumer Privacy Act of 2018 requires the following: The new law grants consumers the right to know what information companies are collecting about them, why they are collecting that data and with whom (3rd parties) they are sharing it. Gives consumers the right to tell companies to delete their information as well as to not sell or share their data. It also makes it more difficult to share or sell data on children younger than 16. The California Consumer Privacy Act of 2018 legislation is similar to the GPDR law which went into effect May 2018. To assist organizations with managing data privacy, Oracle has delivered several new features within PeopleSoft HCM like Employee and Applicant Delete (right to be forgotten), Acknowledgement Framework (for consent). For additional information on the delivered data privacy features – https://blogs.oracle.com/psftlegupdates/peoplesoft-hcm-data-privacy-update Failure to comply with these new laws could be costly to businesses with civil penalties resulting from an action by the state attorney general of up to $7,500 per violation. The legislation, goes into effect in January 1st, 2020
Legislative Update for PeopleSoft HCM – California Data Privacy Update California has recently passed the United States toughest data privacy law "The California Consumer Privacy Act of 2018 (AB378)". ...
The State Revenue Offices has announced changes to Payroll Tax for 2018 - 19 tax year for Victoria, Tasmania, New South Wales and South Australia. More information on this has been provided in our Position Statement which can be found at My Oracle Support, Document ID 2399614.1. We encourage our customers to review the latest statement to keep up to date.
The State Revenue Offices has announced changes to Payroll Tax for 2018 - 19 tax year for Victoria, Tasmania, New South Wales and South Australia. More information on this has been provided in our...
PeopleSoft Patch for Oregon Transit Tax - Release 9.2
Patch 28240513 redelivers the product modifications required to implement the new Oregon Statewide Transit Tax for PeopleSoft Payroll for North America Release 9.2. The originally delivered Patchset 27507861 used an incorrect method to sequence the application of the scripts updating the State Tax Table entry for Oregon. This error caused incorrect values to be inserted in the Rates page of the 07/01/2018 State Tax Table entry for Oregon, and the inclusion of these incorrect values in the Rates page could result in incorrect Oregon withholding tax calculations. All 9.2 customers that need to pay the Oregon Transit Tax effective 7/1/2018 MUST apply this fix before the first check is processed in which the tax will be taken. This issue occurred only in Release 9.2.
Patch 28240513 redelivers the product modifications required to implement the new Oregon Statewide Transit Tax for PeopleSoft Payroll for North America Release 9.2. The originally delivered Patchset...
PeopleSoft Patches Available for Idaho and New Mexico Withholding Changes
Patches are now available for state withholding changes for Idaho and New Mexico. Patches for Base Bug 27950851 deliver scripts to update the State Tax Table entry for Idaho with a new row effective-dated 01/02/2018, which contains Idaho 2018 withholding tax changes published on April 27, 2018 by the Idaho State Tax Commission. The new row is dated 01/02/2018 to preserve the previously existing row dated 01/01/2018 for audit history purposes. Patches for Base Bug 28120237 deliver modifications to COBOL program PSPUSTAX.CBL and a script to update the State Tax Table entry for New Mexico, in order to support New Mexico 2018 withholding tax changes which were published on 31 May 2018 by the New Mexico Department of Taxation & Revenue. Program PSPUSTAX.CBL is modified to limit the number of allowances used in the New Mexico withholding tax calculation to the value specified in Special Tax Amount 1 in the State Tax Table entry for New Mexico. The State Tax Table entry for New Mexico is updated with a new row with Effective Date = 01/02/2018 which includes an increase in the value of each allowance from $4,050 to $4,150 on the General page, updated withholding tax brackets on the Rates page, and the addition of Special Tax Amount 1 delivered with a value of "3" on the Special Tax Amts page. (The new row inserted in the table shows Effective Date = 01/02/2018 in order to preserve the existing row with Effective Date = 01/01/2018 for audit history purposes.) To see the published withholding tax calculation changes, download Publication FYI-104 from the website of the New Mexico Department of Taxation & Revenue For links to the patches for all releases see our Payroll Hot Topics Document on My Oracle Support. These tax patches will also be delivered with Tax Update 18-C.
Patches are now available for state withholding changes for Idaho and New Mexico. Patches for Base Bug 27950851 deliver scripts to update the State Tax Table entry for Idaho with a new...
Following the budget announcement by the Government of Western Australia, the Department of Finance published Amendments to The Pay-roll Tax Act 2002 and Pay-roll Tax Assessment Act 2002 establishing a tiered payroll tax scale. These changes are passed in the Parliament and received royal assent on the same. Our Position Statement has been revised to include more details on the above legislative update. The Position Statement can be found at My Oracle Support, Document ID 2399614.1. We encourage our customers to review the latest statement to keep up to date.
Following the budget announcement by the Government of Western Australia, the Department of Finance published Amendments to The Pay-roll Tax Act 2002 and Pay-roll Tax Assessment Act 2002 establishing...
PeopleSoft Patches Available for Oregon Transit Tax
Oregon H.B. 2017 (enacted in October 2017) established a new Oregon Statewide Transit Tax, which employers are required to deduct from wages beginning July 1, 2018. The new law requires employers to deduct the Transit Tax at a rate of 0.1% from All wages paid to Oregon residents regardless of their work location; and Wages paid for work performed in Oregon by Oregon nonresidents The tax is paid only by employees; no portion of the tax is paid by employers. The definition of wages subject to the new Statewide Transit Tax is the definition of wages subject to Oregon withholding tax. Special postings are now available for all releases. For links to the patches, see our Payroll for North America Hot Topics Document.
Oregon H.B. 2017 (enacted in October 2017) established a new Oregon Statewide Transit Tax, which employers are required to deduct from wages beginning July 1, 2018. The new law requires employers to...
Changes to 2018 social insurance for Beijing, Shanghai and Tianjin regions have been announced and the solution delivery timeline for these changes has been updated in our position statement. Oracle has published the position statement on My Oracle Support, Document ID 2381885.1. We request customers to review the position statement to keep up-to-date. Chinese Version - 有关2018年的北京市上海市天津市的上一年的社平工资,社保基数以及最低工资标准已公布。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:2381885.1.
Changes to 2018 social insurance for Beijing, Shanghai and Tianjin regions have been announced and the solution delivery timeline for these changes has been updated in our position statement. Oracle...
PeopleSoft HCM Data Privacy Update
Following an earlier Blog on Managing Data Privacy within PeopleSoft HCM I like to share an update on two features as delivered in the latest Image: the Acknowledgement Framework and Sensitive Data Masking. For a first impression, please check out the Image Highlights, HCM Update Image 26 on the PeopleSoft Video Channel. The Acknowledgement Framework is a configurable framework, which can be used to capture consent, acknowledgements, agreements, etc. It can be included as configurable step in an activity guide, and can capture electronic signatures, as well as audit trail of changes. An example acknowledgement has been delivered with the On-Boarding feature. For details on how to implement and setup this feature, check out the following Red Paper on MyOracleSupport: "PeopleSoft HCM Acknowledgement Framework Red Paper" (Doc ID 2377140.1). The Sensitive Data Masking feature assists with Data Minimization and making the data confidential and secure, masking capabilities are provided in the user interface. The most common requested fields Date of Birth, Bank Account Number and National ID have been included, coverage for more sensitive fields is planned for on the roadmap. For details on how to implement and setup this feature, check out MyOracleSupport: "PeopleSoft HCM 9.2 - Implementing Sensitive Data Masking" (Doc ID 2375376.1). Also note that a webinar "Be in the Know for PeopleSoft HCM Data Privacy" has been conducted in collaboration with the Quest International Users Group, for which a Recording is available for active Quest members. In this webinar you will hear about the new data privacy features in PeopleSoft HCM to assist your organization with managing data privacy regulations and requirements, as well as receive an update on the PeopleSoft HCM Roadmap.
Following an earlier Blog on Managing Data Privacy within PeopleSoft HCM I like to share an update on two features as delivered in the latest Image: the Acknowledgement Framework and Sensitive Data...
The French Government set up an Agirc-Arrco regime, no longer including categorical references, incorporating the rights and obligations of AGIRC and ARRCO, which revolves around two tranches of contributions. Employers will also have to report these samples via the DSN. This new law comes into effect on January 1, 2019. The details of this legislative announcement are available on My Oracle Support under ID 2347863.1 Le gouvernement français a annoncé la fusion des régimes Agirc-Arrco. Le nouveau régime reprendra l'ensemble des droits et des obligations des anciens régimes, et s'articule autour de deux tranches de cotisations. Les employeurs devront également déclarer ces prélèvements via la DSN. Cette nouvelle loi entre en vigueur le 1er janvier 2019. Les détails de cette annonce législative sont disponibles sur My Oracle Support sous le document ID 2347863.1
The French Government set up an Agirc-Arrco regime, no longer including categorical references, incorporating the rights and obligations of AGIRC and ARRCO, which revolves around two tranches of...
Social Security has published RED Bulletin 01 and 02 for 2018. They include, among others, new requirements to communicate part time employees with concentrate schedule. Additionally RED bulletin 02/2018 contains changes on Cret@ reporting ("Sistema de Liquidación Directa") with the creation of two new complementary liquidations V90 and V03. Oracle is working on those changes, although we need to wait for the publication of the new Manuals for Cret@ and to the new version of both Winsuite32 and SILTRA. Oracle is also working on the expected changes in the Tax algorithm for the state territory based on the content of the 'Proyecto de Ley de Presupuestos Generales para el año 2018'. The Position Statement has been revised to include details about these legislative updates. 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.
Social Security has published RED Bulletin 01 and 02 for 2018. They include, among others, new requirements to communicate part time employees with concentrate schedule. Additionally RED bulletin...
Changes to Payment Summaries Australian Taxation Office has published Final Specifications for both Self-Printing PAYG Withholding Payment Summaries (Version 5.3.1) and PAYG Withholding Annual Report (Version 13.0.1) which would be used from 2017-18 financial year onwards. Fiscal Year Changes The Government presented Federal Budget during the second week of May 2018. There are amendments to PAYG Withholding, HELP & SFSS Rates and Thresholds. The Bill is subject to receiving royal assent and therefore not yet law. Our Position Statement has been revised to include more details on the above legislative updates. The Position Statement can be found at My Oracle Support, Document ID 2399614.1. We encourage our customers to review the latest statement to keep up to date.
Changes to Payment Summaries Australian Taxation Office has published Final Specifications for both Self-Printing PAYG Withholding Payment Summaries (Version 5.3.1) and PAYG Withholding Annual Report...
Upcoming Legislative Updates for PeopleSoft Payroll for North America
New IRS Tax Levy Exemption amounts were published in May. As expected, Arizona announced that they will use the new IRS exemption amounts for state levies also. Patches for all releases have been posted on My Oracle Support for these changes. See our Hot Topics document for links to the patches. The patches will also be included in Tax Update 18-C. California Supreme Court Ruling on Overtime Pay. The California Supreme Court's March 5, 2018 decision of Alvarado v. Dart Container Corp of California fundamentally changed how overtime is calculated for Flat Sum bonuses in the State of California. We are tracking this on Base Bug 27958001. We are analyzing the court's decision, but have not yet determined the final scope of changes needed to meet the new requirements. We do not have a target date at this time. A new Oregon Statewide Transit Tax goes into effect July 1, 2018. Oregon HB 2017 requires a statewide transit tax of 0.001 on all wages paid to Oregon residents, and on wages paid to non-residents for work in Oregon. We are tracking this on Base Bug 27507861. In order to meet the requirements of this bill, the delivered patch will require multiple object modifications and a new Tax Class Code. Patches for all releases will be delivered in standalone postings and the patches will also be included in Tax Update 18-C. On April 27, Idaho published State withholding changes announcing a new requirement to add 2 allowances for any employees who currently claim single and more than 0 allowances. We are tracking on Base Bug 27950851, and awaiting final clarification on changes needed from the State of Idaho. Our early analysis indicates we may need to provide an updated PDF W-4 withholding form for Idaho. Idaho had previously followed the Federal W-4 values on the state withholding form. If needed, we will track the W-4 form change on a separate bug. Kentucky has amended their six tax brackets to a single 5% flat rate. We are tracking this change on Base Bug 27996260. Patches for all releases will be delivered in standalone postings and patches will also be included in Tax Update 18-C. The Spanish language version of the 2018 U.S. Federal W-4 form will be delivered with Tax Update 18-C. We are tracking this change on Base Bug 27796108.
New IRS Tax Levy Exemption amounts were published in May. As expected, Arizona announced that they will use the new IRS exemption amounts for state levies also. Patches for all releases have been...
Amendments to the Fringe Benefit Tax (FBT) rate, bench mark interest rate and reportable fringe benefits have been announced by the Australian authorities. Our Position Statement has been revised to include details about these amendments, as well as updates on the current state of the deliverables for Single Touch Payroll (STP). The Position Statement is available through My Oracle Support, Document ID 2399614.1. We encourage our customers to review the latest statement to keep up to date.
Amendments to the Fringe Benefit Tax (FBT) rate, bench mark interest rate and reportable fringe benefits have been announced by the Australian authorities. Our Position Statement has been revised to...
The French Government has announced a legislative change necessitating an increase in the RSA amount for Garnishments. This new amount is effective from 1st of April 2018. Details of this legislative announcement is available on My Oracle Support under document ID 2347863.1. Le gouvernement français a annoncé une augmentation du montant forfaitaire du RSA, pris en compte en matière de saisies sur salaire. Ce nouveau montant est effectif depuis le 1° avril 2018. Le détail de cette annonce est disponible sur My Oracle Support, document ID 2347863.1.
The French Government has announced a legislative change necessitating an increase in the RSA amount for Garnishments. This new amount is effective from 1st of April 2018. Details of this legislative...
Changes to 2018 medical insurance contribution rate for Tianjin region have been announced and the solution posting timelines for this change has been updated in our position statement. Oracle has published the position statement on My Oracle Support, Document ID 2381885.1. We request customers to review the position statement to keep up-to-date. Chinese Version - 有关2018年的天津市医疗保险费率已公布。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:2381885.1.
Changes to 2018 medical insurance contribution rate for Tianjin region have been announced and the solution posting timelines for this change has been updated in our position statement. Oracle has...
The Inland Revenue Department of New Zealand has released amendments to EMS (IR 348) reporting for fiscal year effective 1st of April 2018. Our Position Statement has been revised to include these legislative updates. The document is made available on My Oracle Support, Document ID 2357692.1. We advise customers to review the latest statement to keep up-to-date.
The Inland Revenue Department of New Zealand has released amendments to EMS (IR 348) reporting for fiscal year effective 1st of April 2018. Our Position Statement has been revised to include...
Legislative Update for U.S. Form W-4 Online PDF Templates
2018 Templates to support the 2018 Federal Form W-4 and those states that use the Federal form have been posted to Patches & Updates. See Payroll Hot Topics, Document 1348833.1 for a link to the patch. States that follow the federal form are: Delaware Idaho Montana North Dakota New Mexico Oregon South Carolina Also, as part of this fix, the English version of Form W-4 is delivered as the Spanish template, since the Spanish version of the form has not been published by the IRS yet. Once the Spanish version of Form W-4 is available, we will delete the English version and replace it with the Spanish version of Form W-4 and deliver the modifications in a future image. The product modifications provided in this Patch will also be delivered with PeopleSoft HCM Update Image #26.
2018 Templates to support the 2018 Federal Form W-4 and those states that use the Federal form have been posted to Patches & Updates. See Payroll Hot Topics, Document 1348833.1 for a link to the...
Managing Data Privacy within PeopleSoft HCM
In light of Data Privacy initiatives worldwide, including the EU General Data Protection Regulation Act (GDPR), PeopleSoft HCM has been planning updates that will help customers address some of these regulations. To get started, Oracle has published an assessment of Personal and Sensitive Data as identified within PeopleSoft HCM, which is available through My Oracle Support (Doc ID 2313438.1). Recently, PeopleSoft has provided additional data privacy capabilities by introducing an Applicant delete feature as well enhancing the existing Person Delete Process. For further information on these two features, please check out the Image Highlights, HCM Update Image 25 on the PeopleSoft Video Channel. Also note that PeopleSoft is imminently planning to deliver a PeopleSoft Release Patch (PRP) that allows for employee consent for capturing employee data and another PRP that allows organizations to mask specific Personally Identifiable Information (PII) stored in PeopleSoft. You can track the release of these PRPs by using the following numbers: Bug ID 27619176 and Bug ID 27651377. An earlier published White Paper on Data Privacy explains how existing tools and technology help to secure your PeopleSoft applications. This document will be further updated to include more features, such as Data Archive Manager. More data privacy enhancements are on our roadmap which can be found on our PeopleSoft Planned Features and Enhancements on www.peoplesoftinfo.com or directly on My Oracle Support (Doc ID 1966243.2) We encourage you to monitor this blog for future updates on this topic.
In light of Data Privacy initiatives worldwide, including the EU General Data Protection Regulation Act (GDPR), PeopleSoft HCM has been planning updates that will help customers address some of these...
The French Government in the early 2017 rolled out a new law necessitating employers to withhold taxes when the income is paid to the tax payers. The Deduction at Source (Prélèvement à la Source) as it is called, also requires employers to report the contributions via DSN. This new law is effective from 1st of January 2019. Details of this legislative announcement is available on My Oracle Support under document ID 2347863.1. Le gouvernement français a instauré une nouvelle loi qui oblige les employeurs à retenir les impôts à la source: le Prélèvement à la Source. Les employeurs devront également déclarer ces prélèvements via la DSN. Cette nouvelle loi entre en vigueur le 1er janvier 2019. Les détails de cette annonce législative sont disponibles sur My Oracle Support sous le document ID 2347863.1.
The French Government in the early 2017 rolled out a new law necessitating employers to withhold taxes when the income is paid to the tax payers. The Deduction at Source (Prélèvement à la Source) as...
IRAS has made an announcement about Foreign Workers Levy in Budget 2018. The FWL will remain unchanged for all sectors, the levy increase effective from 01 July 2018 that was announced last year, is now deferred by a year. Our Position Statement has been revised to include these legislative updates and the delivery timelines, where appropriate. 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 2366918.1.
IRAS has made an announcement about Foreign Workers Levy in Budget 2018. The FWL will remain unchanged for all sectors, the levy increase effective from 01 July 2018 that was announced last year, is...
Legislative Updates and next Webinar for PeopleSoft HCM Global Payroll Spain
Oracle has delivered the changes to react to the new format of the Model 10T (Certificado de retenciones e Ingresos a cuenta) delivered by the Tax Agency (Tax Update 3º Delivery 2018). Oracle is currently working on a Tax update to reflect in the product a set of changes affecting Training reporting as result of the new requirements published on the Tripartite foundation website for the XML files supported by the product. The Position Statement includes 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. Finally we want to inform you, the PeopleSoft product team will hold a new session oriented to Global Payroll Spain customers on Tuesday, March 6, 2018. This event, in Webinar format, has the following objectives: Provide information regarding the latest changes as released in the product. Provide information regarding the upcoming deliveries and timing of those. Q&A The meeting will be held in the morning (11:00) and the estimated duration is 1 hour. If you are interested in participating in this event and haven't done in the past, you can contact Ana López (Ana.l.lopez@oracle.com) to be included in the dlist.
Oracle has delivered the changes to react to the new format of the Model 10T (Certificado de retenciones e Ingresos a cuenta) delivered by the Tax Agency (Tax Update 3º Delivery 2018). Oracle is...
Legislative Updates for U.S. Tax Rate Changes
Several U.S. tax changes that were announced too late to be included in Tax Update 18-A are now available on Patches & Updates. Massachusetts 2018 Employer Medical Assistance Contribution (EMAC)contribution rate change from 0.003400 to 0.005100 (new row with Effective Date = 01/01/2018) Missouri 2018 withholding tax changes (new row with Effective Date = 01/02/2018) Mississippi 2018 withholding tax changes (new row with Effective Date = 01/01/2018) Oregon 2018 withholding tax changes (new row with Effective Date = 02/01/2018) U.S. Virgin Islands 2018 UI taxable wage base increase from $23,500 to $24,300 (new row with Effective Date = 01/01/2018) See our Payroll Hot Topics document on My Oracle Support for links to these patches for all releases. Also, the Louisiana Department of Revenue has adopted updated Income Tax Withholding Tables through an Emergency Rule. This Emergency Rule shall be effective February 16, 2018. We are tracking this on Bug 27556017. Manual instructions for entering the tax changes are available on the Louisiana State Master Document on My Oracle Support.
Several U.S. tax changes that were announced too late to be included in Tax Update 18-A are now available on Patches & Updates. Massachusetts 2018 Employer Medical Assistance...
The Social Security organization of Malaysia has released the file specification to report the new Employment Insurance System contributions. Note that this is in addition to the temporary excel file format made available to report the contributions that will be accepted by the authorities till further notice. Patch details about this new contribution report file specification can be found in the Position Statement on My Oracle Support under the Document ID 2356010.1.
The Social Security organization of Malaysia has released the file specification to report the new Employment Insurance System contributions. Note that this is in addition to the temporary excel file...
The Finance Minister has presented the budget for Fiscal Year 2018-19 on 1st of February 2018. There are amendments with respect to deductions from total income, exemptions and taxes. These changes are effective 1st of April 2018. Also note that the Finance Bill tabled in Parliament is pending royal assent from The President. 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 2358716.1.
The Finance Minister has presented the budget for Fiscal Year 2018-19 on 1st of February 2018. There are amendments with respect to deductions from total income, exemptions and taxes. These changes...
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.
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...
The new Employment Insurance System formulated in Malaysia necessitates employers to register and notify the Social Security Organization on certain information pertaining to the employer as well as employees. Details about these new reports and the awaited contribution report is now available in the Position Statement on My Oracle Support under the Document ID 2356010.1.
The new Employment Insurance System formulated in Malaysia necessitates employers to register and notify the Social Security Organization on certain information pertaining to the employer as well as...
Spanish Government published Real Decreto 1077/2017 that establishes the Minimum Salary for 2018. The new value of Minimum Salary will most likely impact the Minimum Social Security bases and rates. Oracle has advanced those values as part of the 2nd Delivery of Tax update for 2018 Additionally, this legislative update contained the reaction to Decreto Foral 62/2017 (Alava), Decreto Foral 31/2017, (Guipúzcoa) and Decreto Foral 152/2017 (Vizcaya) that establish the new tax rates for 2018 for those Historical Territories. Oracle is currently working on the changes to comply with new template for the Tax Deduction Report (Model 10T) and also on the changes on the XML reporting to Fundación Tripartita for 2018. 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.
Spanish Government published Real Decreto 1077/2017 that establishes the Minimum Salary for 2018. The new value of Minimum Salary will most likely impact the Minimum Social Security bases and rates....
The French Government as part of their routine annual legislative updates has announced further changes to ARRCO and AGIRC Ceilings, Penibilite contribution, and other changes to Sickness, Unemployment Insurance, CSG rate. These changes are effective from 1st of January 2018. Details of this legislative announcement is available on My Oracle Support under document ID 2347863.1. Le gouvernement français, dans le cadre de ses mises à jour législatives annuelles, a annoncé d'autres changements pour les plafonds ARRCO et AGIRC, la cotisation pénibilité, les taux de contributions maladie et chômage et le taux de CSG. Ces changements sont en vigueur depuis le 1er janvier 2018. Les détails de cette annonce législative sont disponibles sur My Oracle Support sous le document ID 2347863.1.
The French Government as part of their routine annual legislative updates has announced further changes to ARRCO and AGIRC Ceilings, Penibilite contribution, and other changes to Sickness,...
Tax Update 18-A and 2018 Tax Rate Changes Postings Are Available
Tax Update 18-A has posted for all releases (the update for 9.2 is included in HCM Image #25). For posting information and links, see Document 2347522.1 on My Oracle Support. Subsequently, the 2018 Tax Rate changes have been posted for all releases. You can find links to these postings on Hot Topics, Document 1348833.1 on MOS. Tax Update 18-A is a prerequisite for Releases 8.81 - 9.1. If you downloaded 9.2 Patch 27377851 prior to the posting of HCM Image #25, you can apply to Image 24. Once the new image is posted though, you need to apply to the current (25) image. Finally, we'll have our Tax Update Advisor webcast on Tuesday, January 23. You can see schedule and register here: https://community.oracle.com/thread/4105309
Tax Update 18-A has posted for all releases (the update for 9.2 is included in HCM Image #25). For posting information and links, see Document 2347522.1 on My Oracle Support. Subsequently, the 2018...
The French Government as part of their routine annual legislative updates has announced further changes to Benefit In Kind, Illness Rates, Fillon Reduction among others. These changes are effective from 1st of January 2018. Kindly be informed that timely updates will be provided for any further legislative updates during this month. Details of this legislative announcement is available on My Oracle Support under document ID 2347863.1. Le gouvernement français, dans le cadre de ses mises à jour législatives annuelles, a annoncé d'autres changements dans les avantages en nature, les taux de cotisations maladie, la réduction Fillon, entre autres. Ces changements sont en vigueur depuis le 1er janvier 2018. Veuillez noter que des mises à jour seront fournies en temps opportun pour d'autres mises à jour législatives au cours de ce mois. Les détails de cette annonce législative sont disponibles sur My Oracle Support sous document ID 2347863.1.
The French Government as part of their routine annual legislative updates has announced further changes to Benefit In Kind, Illness Rates, Fillon Reduction among others. These changes are effective...
2018 Tax Cuts and Jobs Act Table Changes for PeopleSoft Payroll for North America
The IRS published Notice 1036 on January 11, 2018. The notice contains early release copies of the Percentage Method Tables for Income Tax Withholding that will appear in IRS Publication 15 (Employers Tax Guide for use in 2018). Publication 15 will be posted on the IRS website in January 2018. Implementation of the information published in IRS Notice 1036 will require only a tax table update in the PeopleSoft Payroll for North America product. As the IRS previously indicated on December 26, 2017, the 2018 withholding changes are designed to work with existing Forms W-4 that employees have already filed. The IRS advises that employers should implement the 2018 withholding tax changes as soon as possible, but no later than February 15. We intend to deliver scripts during the week of January 15 for all releases which will update the tax table with the 2018 withholding changes. We will also provide step by step instructions for entering the tax table update manually for those customers with payrolls in progress who wish to apply the update prior to receiving the delivered script. See Document 2348297.1 for instructions. In their news release IR-2018-05, the IRS states that they are working on revising Form W-4, but that employees and employers should continue to use the 2017 version of Form W-4 until any new Form W-4 is issued. Once the IRS releases a new Form W-4, we will analyze the new Form W-4 to determine what product modifications may be needed to implement the new form. Watch this blog space and Payroll Hot Topics for updated information as it becomes available.
The IRS published Notice 1036 on January 11, 2018. The notice contains early release copies of the Percentage Method Tables for Income Tax Withholding that will appear in IRS Publication 15...
A new law that brings significant changes in determining the ceiling and the applicable contribution rates along with ceiling accrual rules is being announced by the French Government. Further following the annual legislative changes, there has been multiple announcements that effects Social Security Ceiling, SMIC, GMP, Tax on Salaries etc., among others. Details of these legislative changes are now available in the Position Statement on My Oracle Support under the Document ID 2222248.1. Une nouvelle loi annoncée par le gouvernement français apporte des changements significatifs dans la détermination du plafond et des taux de cotisation applicables ainsi que dans les règles d'accumulation de plafond. En outre suite aux changements législatifs annuels, il y a eu plusieurs annonces qui affectent le plafond de sécurité sociale, SMIC, GMP, l'impôt sur les salaires etc., entre autres. Les détails de ces modifications législatives sont maintenant disponibles dans l'énoncé de position sur My Oracle Support sous le document ID 2222248.1.
A new law that brings significant changes in determining the ceiling and the applicable contribution rates along with ceiling accrual rules is being announced by the French Government....
eSocial Mapping The mapping for the Version 2.4.01 of the eSocial Layouts is currently available on My Oracle Support, Document Id 1526487.1. Mapeamento do eSocial O mapeamento da versão 2.4.01 dos leiautes do eSocial está disponível no My Oracle Support, DocId 1526487.1.
eSocial Mapping The mapping for the Version 2.4.01 of the eSocial Layouts is currently available on My Oracle Support, Document Id 1526487.1. Mapeamento do eSocial O mapeamento da versão 2.4.01 dos...
As result of the publication of Orden Foral 676/2017, Oracle has delivered Tax Update (#9) containing the changes to comply with the technical requirements for the reporting of Model 190 for 2017 for the State fiscal territory. Hacienda Foral de Alava and Hacienda Foral of Vizcaya have also published Orden Foral 676/2017 and Orden Foral 2190/2017 with the requirements for the Model 190 reporting for 2017 following the same approach than the State Fiscal Territory. We expect the other historical territories will follow the same. Oracle has delivered Tax Update (#10) with the changes on Model 190 for 2017 for all the Historical Territories. Additionally, Oracle is working on the changes on the AFI file to comply with the latest version of Winsuite 8.7.0, in the new template for the Tax Deduction Report (Model 10T) and also on the changes on the XML reporting to Fundación Tripartita for 2018. 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.
As result of the publication of Orden Foral 676/2017, Oracle has delivered Tax Update (#9) containing the changes to comply with the technical requirements for the reporting of Model 190 for 2017...
Legislative Update for PeopleSoft HCM Global Payroll United Kingdom
HMRC has released further changes to RTI Reporting for Fiscal Year 2018-19. Additionally the Start Of Year (SOY) Rates and Thresholds for 2018-19 have also been released. These legislative changes are effective 6th April 2018. Our Position Statement has been updated with these legislative changes. We encourage our customers to review the latest statement to keep up to date. The Position Statement can be found on My Oracle Support, Document ID 2301354.1.
HMRC has released further changes to RTI Reporting for Fiscal Year 2018-19. Additionally the Start Of Year (SOY) Rates and Thresholds for 2018-19 have also been released. These legislative changes are...
PeopleSoft Global Payroll Switzerland has announced the legislated changes for 2018. These changes cover the following: Unemployment contribution in case of payments for previous year terminated employees Cantonal Source Tax Rates and Refund Rates Cantonal Child Allowances and Employer Contribution Rates Update Postal codes and Village Codes (Steuergemeinde) Update Swiss Banks (esp. BIC for ISO 20022) Customers can review more details surrounding these changes as well as our delivery plans on My Oracle Support, Document ID 2342359.1.
PeopleSoft Global Payroll Switzerland has announced the legislated changes for 2018. These changes cover the following: Unemployment contribution in case of payments for previous year terminated...
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 have been deducted. This amount is termed as Protected Earnings Amount (PEA). The PEA is reviewed each year and adjusted on 1st of January to allow for increases in the cost of living. For the year 2018, the PEA as of 1st of January is set to $364.88 weekly. This is the amount that must be set aside for your employee/contractor after tax and child support have been deducted. In order to ensure compliance with these legislative initiatives Oracle has published a revised position statement on My Oracle Support, Document ID 2219948.1. We encourage our customers to review the latest Statement to keep up to date.

redpajama_set_name: RedPajamaCommonCrawl