The purpose of this documentation is to explain how to disable the deduction of compulsory employer KiwiSaver contributions for employees that belong to exempt KiwiSaver schemes.
We shall not explain or quote legislation relating to exempt schemes, because employers that have exempt schemes will have all the information they require from the provider of the exempt scheme.
from the windows menu at the top of the screen - as opposed to the graphical setup on the Ace Payroll front menu.
Extremely Fine Tuning
Scroll to the bottom of the screen then shown, and tick
Disable Compulsory KiwiSaver Employer Contributions
Note the new option shown on the KiwiSaver Employer setup screen.
And also the additional option on the KiwiSaver Employee setup screen.
Note that if either the employer default setup, or an individual employee, is set as
Zero Exempt Scheme
and then the fine tuning option is disabled, the relevant setting will revert to
More KiwiSaver Information
An overview of everything an employer needs to know about KiwiSaver
KiwiSaver Employee Setup
KiwiSaver employee setup in Ace Payroll
KiwiSaver Pay Calculation
KiwiSaver deductions are fully automated each pay
KiwiSaver Automatic Enrolment
Every person that starts a new job is automatically enrolled in the scheme
KiwiSaver Exempt Employees
Under 18, over 65, and casual employees are exempted from automatic enrolment
KiwiSaver Contribution Rates
All members must contribute 3% of gross wages and may contribute 4% or 8%
KiwiSaver Opting Out
An employee has 8 weeks from the start of employment to opt out of the scheme
KiwiSaver Opting In
Anyone can opt in to the scheme at any time. Once opted in, an employee can never opt out
KiwiSaver Contributions Holiday
All applications for a contributions holiday must be made to the IRD using a KS6 Contributions Holiday request form
KiwiSaver Employer Contributions
All employers must contribute 3% for each employee enrolled in KiwiSaver
ESCT - What Is It?
A description of Employers Superannuation Contributions Tax and how it is paid
ESCT is payable on all KiwiSaver employer contributions
ESCT Tax Rates
Employer KiwiSaver contributions are taxed at the top employee marginal tax rate, based on estimated annual earnings
ESCT on IRD Monthly Returns
I am doing my monthly return for IRD and the ESCT figure does not show on my IR348 return. What is wrong?
KiwiSaver Contributions Report
The KiwiSaver Contributions Report keeps track of contributions, reversals and refunds
KiwiSaver Reversals and Refunds
Use the Reversals and Refunds Wizard to reverse and optionally refund KiwiSaver deductions to employees that were automatically enrolled, and then opted out of KiwiSaver
KiwiSaver Company Setup
For most employers no company setup is required in Ace Payroll
Use when an agreed salary package includes KiwiSaver employer contributions
KiwiSaver Scheme Providers
The linking of employees to scheme providers does not happen at the payroll end of the process
How to disable the deduction of compulsory employer KiwiSaver contributions for employees in exempt KiwiSaver schemes
The Ace Payroll alphabetical index provides links to all documentation
Ace Payroll FAQ Contents
All the most common Ace Payroll questions grouped by categories in a short table of key words
Ace Payroll Frequently Asked Questions
All the most common questions we are asked at Ace Payroll listed in a question format and grouped by category
KS1 Employee Details
uses this form to notify Inland Revenue about
a new employee being enrolled automatically.
an existing employee opting in.
KS2 KiwiSaver Deductions
uses this form to provide details to an employer if they are
starting new employment.
an existing employee opting in.
a member contribution rate change.
KS3 Employee Information
An introductory guide for an employee about the KiwiSaver scheme.
KS4 KiwiSaver Employer Guide
A 36 page overview of your KiwiSaver responsibilities as an employer.
KS6 Contributions Holiday
An employee uses this form to request a contributions holiday.
KS10 New Employee Opt Out
An employee uses this form if they have been automatically enrolled and don't want to be a member of KiwiSaver.
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