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Ird Ppl Form

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Instructions and help about ird ppl

[Music] are you an employer if you make contributions to an employee's kiwisaver account you'll need to pay employer superannuation contribution tax or esct esct is a tax deducted from the employer contributions you pay into the employee's kiwisaver account employer contributions are compulsory and the minimum amount you need to pay is three percent of the employees gross salary or wage you pay esct to inland revenue along with your paye and other employer deductions esct is also paid on employer contributions to superannuation schemes other than kiwisaver inland revenue's website has more information about these other schemes jenny owns a busy hairdressing salon in town [Music] her employees belong to kiwisaver at the beginning of the tax year jenny works out the esct rate for each of her employees she starts with senior stylist daniel last year daniel worked at the salon for the full 12 months that means jenny can use his last year's salary to

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