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Student Loan Deduction For Patch 25516214: New Zealand : Statutory Updates Effective April 2017 (Doc ID 2306513.1)

Last updated on OCTOBER 16, 2017

Applies to:

Oracle HRMS (New Zealand) - Version 12.1.3 and later
Information in this document applies to any platform.

Goal

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%.
 

Solution

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In this Document
Goal
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