NZ: Issue With Tax Calculation On Bonus Payment
Last updated on MAY 07, 2018
Applies to:Oracle HRMS (New Zealand) - Version 12.2.3 and later
Information in this document applies to any platform.
The Tax calculation for the Bonus Payments in New Zealand are not happening as per the rates provided by Inland Revenue (IRD).
Steps to Reproduce:
The issue can be reproduced at will with the following steps:
1. Generate payroll
2. Add annual bonus
3. Check taxes- see they are not calculating as expected
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