NZ Payroll - Option to create pre-tax deductions
The new NZ WorkRide scheme works via a pre-tax deduction re salary sacrifice. Xero Support confirmed that right now there’s no functionality in Xero Payroll to process a pre-tax deduction. We have been advised that we need to manually adjust the tax in the draft pay run to reduce the PAYE withheld. Please enable your customers to comply with the NZ WorkRide scheme without the need for manual PAYE adjustments, by creating the ability to process pre-tax deductions.
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Beth Marshall commented
yup, come on Xero...
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Brian Curtis commented
Great idea.
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Katherine Ward commented
The WorkRide Scheme prides itself on being fully tax compliant according to the scheme website, so Xero Payroll needs to address this urgently otherwise it is not providing tax compliant outcome for employers.
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Barbara Wiley commented
We have offered our staff the opportunity to use the new WorkRide scheme to purchase e-bikes and e-scooters. It is frustrating that the pre-tax deductions cannot be handled automatically by Xero.
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Zoe Palmer commented
it would be great if this was available in payroll, manual adjustments are prone to errors
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Debbie Chadfield commented
Great idea Katherine
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Kendall Palmer-Frecklington commented
More room for error in manual adjustments, especially if clients do their own payroll
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Colleen Marriott commented
I agree with Katherine's idea.