Is your payroll right? Getting it right is more important than ever, and it’s actually more difficult than you’d think. NZ’s payroll legislation is one of the most complex in the entire world. Holidays Act compliance is the most common area businesses are falling short. This can be due to incorrect payroll procedures or calculations. To be sure, contact us to discuss a payroll audit.
Often even payroll software providers’ algorithmic calculations are inaccurate. Failure to comply with payroll legislation and best practice can give rise to some pretty ugly consequences. These consequences can include fines, Ministry of Business, Innovation and Employment (MBIE) investigations, prosecution and more. The knowledge you will gain from our payroll audit will give you the ability to make any necessary changes and safeguard your business going forward.
Thankfully, our payroll audit team and helpful consultants can help get your business on the right track. You have business insurance and income protection, right? Our auditing service is like a different type of insurance you’re taking out for your business. You’ll be future-proofing your business against any potential employee disputes or investigations down the track.
The Accountsdept team are specialists in payroll legislative compliance and can work with your business to achieve compliance in the following areas:
There are many other ways we can help to:
Give us a call or send us a message today to chat with a payroll consultant!