PAYE

iFigure Accounting Specialists > PAYE

'Pay as you earn' tax

Incomes from salary, wages, benefits or taxable pensions will automatically have tax deducted under the PAYE (pay as you earn) system. After PAYE deductions have been made, employers will pay them to IRD.

If your income is from salary, wages, benefits or taxable pensions, your tax will automatically be deducted under the PAYE (pay as you earn) system. This means when you get your weekly, fortnightly, or monthly pay, your tax has already been deducted from it.

Your employer will deduct your PAYE and student loan deductions (if applicable) and pay them to us. It’s a good idea to check you’re on the correct tax code on your next payslip. If you use the wrong tax code we can write to your employer and ask them to change it.

Incomes from salary, wages, benefits or taxable pensions will automatically have tax deducted under the PAYE (pay as you earn) system. After PAYE deductions have been made, employers will pay them to IRD.

If your income is from salary, wages, benefits or taxable pensions, your tax will automatically be deducted under the PAYE (pay as you earn) system. This means when you get your weekly, fortnightly, or monthly pay, your tax has already been deducted from it.

Your employer will deduct your PAYE and student loan deductions (if applicable) and pay them to us. It’s a good idea to check you’re on the correct tax code on your next payslip. If you use the wrong tax code we can write to your employer and ask them to change it.

How can iFigure help with your PAYE?

PAYE management
Much like GST returns, PAYE returns are completed monthly. We can take care of this for your business, regardless of whether we’re managing your payroll or not. We will calculate the PAYE deduction for each employee and advise you on how much must be paid to IRD.
Monthly processing
PAYE returns are processed by IRD on a monthly basis. We can process your PAYE returns for you so you can concentrate on your business.
Working together
We can use your preferred software system to process your PAYE returns before filing it with IRD. Online systems and the internet allows the process to be effortless and simple. Its just a matter of working together.
Let iFigure take care of your PAYE responsibilities.
They’ll calculate and deduct PAYE from your employee’s earnings and file the Employer Monthly Schedule with Inland Revenue.
Contact us today