in payday filing for 87% of employees. One PAYE No better than the status quo Better than the status quo Significantly better Significantly Greater threshold than the status quo better than targeting This threshold require While significant compliance cost $50,000pa of the status of the 44% of small employers (5 -19 savings should be available to the As above PAYE and ESCT quo payroll staff) to remit PAYE on employers from using payroll subsidy payday. This requirement may software the one off costs and This option saves impact negatively on fairness cash flow impacts may adversely would $6.3 impact on small employers. require million Inland Revenue should benefit PAYE over 4 from administrative savings. information years. on payday from employers employing almost 90% of employees.
in payday filing for 87% of employees. One PAYE threshold $50,000pa of PAYE and ESCT No better than the status quo This threshold require 44% of small employers (5 -19 staff) to remit PAYE on payday. This requirement may impact negatively on fairness Better than the status quo While significant compliance cost savings should be available to the employers from using payroll software the one off costs and cash flow impacts may adversely impact on small employers. Inland Revenue should benefit from administrative savings. Significantly better than the status quo As above Significantly better than the status quo This option would require PAYE information on payday from employers employing almost 90% of employees. Greater targeting of the payroll subsidy saves $6.3 million over 4 years.