Student Loan Deduction For Patch 25516214: New Zealand : Statutory Updates Effective April 2017
(Doc ID 2306513.1)
Last updated on SEPTEMBER 20, 2019
Applies to:Oracle HRMS (New Zealand) - Version 12.1.3 and later
Information in this document applies to any platform.
What is the procedure to attach the Student loan deduction after applying <Patch 25516214> New Zealand : Statutory updates effective April 2017
As per the patch:
The global value PAYE_STUDENT_LOAN_THRESHOLD for Student Loan deduction
Threshold is changed from $19,084 to $19,136.
There is no change to the Student loan rate 12%.
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