All you need to know about the Holidays Act Taskforce’s accepted recommendations

All 22 recommendations have been accepted by the Government and are currently being reviewed. It is expected that they will be introduced as a Bill in parliament in 2023, and go through a select committee process to allow for public submissions. Following that, there will be a transition phase before the Bill officially becomes law.

In the coming months, many SMEs and employers will likely be seeking the expertise of an experienced payroll specialist, accountant, bookkeeper or outsourced payroll provider to help them simplify the Act and ensure compliance.

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The proposed changes against the current Act


The impact on payroll providers


How to achieve compliance confidence with KeyPay

Disclaimer: The information in this article is current as at 8 December 2022, and has been prepared by KEYPAY LIMITED PARTNERSHIP (NZBN 9429048779524) and its related bodies corporate (KeyPay). The views expressed in this article are general information only, are provided in good faith to assist employers and their employees, and should not be relied on as professional advice. The Information is based on data supplied by third parties. While such data is believed to be accurate, it has not been independently verified and no warranties are given that it is complete, accurate, up to date or fit for the purpose for which it is required. KeyPay does not accept responsibility for any inaccuracy in such data and is not liable for any loss or damages arising either directly or indirectly as a result of reliance on, use of or inability to use any information provided in this article. You should undertake your own research and to seek professional advice before making any decisions or relying on the information in this article.

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