Navigating the Holidays Act (2003) and Ensuring Payroll Compliance

Achieving compliance with the Holidays Act

Many accountants, bookkeepers, outsourced payroll providers and payroll professionals still find themselves perplexed with the Holidays Act (2003). However, by utilising modern payroll software, payroll bureaus and accountants can successfully tackle the Act. Learn how you can spend more time on strategic work without being weighed down by the stressors of compliance. We interviewed 7 thought leaders within the New Zealand payroll, accounting and bookkeeping space about their challenges with the Holidays Act, and best practices for achieving compliance. Download your free guide to hear what they had to say. Plus! We’ve summarised the high level points of the proposed Holidays Act recommendations, that were recently accepted by the NZ Government. It’s important for payroll providers to be aware of these amendments and to streamline their processes with software.

What you’ll learn

• The value of payroll

  Understand the positive impact investing in payroll brings for your firm (and your clients)

• Common complexities of the Act

  Understand the two main hurdles involved in the process of determining accurate leave entitlements

• The benefits of prioritising payroll

  Learn how to save time, improve efficiency and grow your firm by investing in payroll

• What to look for in a payroll software that promotes compliance with the Act

  Identify key functionalities in modern payroll software that produce compliant payroll data

• The importance of advisory and education

  Understand the benefits of a consolidated system for payroll bureaus and accountants

• The recent Holidays Act Review

  Understand what’s happening following the Holidays Act Taskforce’s recent recommendations that have been accepted by the New Zealand Government, and learn about the impact on accountants, bookkeepers and outsourced payroll providers

The information in this article is current as at 9 March 2023, and has been prepared by Employment Hero Pty Ltd (ABN 11 160 047 709) and its related bodies corporate (Employment Hero). The views expressed in this article are general information only, are provided in good faith to assist employers and their employees, and should not be relied on as professional advice. The Information is based on data supplied by third parties. While such data is believed to be accurate, it has not been independently verified and no warranties are given that it is complete, accurate, up to date or fit for the purpose for which it is required. Employment Hero does not accept responsibility for any inaccuracy in such data and is not liable for any loss or damages arising directly or indirectly as a result of reliance on, use of or inability to use any information provided in this article. You should undertake your own research and seek professional advice before making any decisions or relying on the information in this article.