KiwiSaver Act 2006

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67 PAYE rules apply to deductions

(1)

The PAYE rules apply to the deduction of contributions under this subpart, as far as applicable and with the necessary modifications, as if—

(a)

every reference to income tax were a reference to contributions; and

(b)

every reference to amounts of tax withheld were a reference to the deduction of contributions; and

(c)

every reference to a tax code were a reference to a deduction rate; and

(d)

every reference to an amount required to be deducted under the PAYE rules were a reference to an amount required to be deducted under this Act.

(2)

Every employer and employee must comply with the requirements of the PAYE rules to the extent to which those rules apply under this section.

(3)

However, the following do not apply to any amount required to be deducted under this subpart:

(a)

sections BC 1, LA 6, RA 2, RD 9, RD 10, RD 10B, RD 13, RD 16, RD 17, and RD 18 of the Income Tax Act 2007 and sections 24B to 24P of the Tax Administration Act 1994; and

(b)

sections 139C, 140 to 140DB, 141FD, 141JA, 142E, 144, and 150B of the Tax Administration Act 1994.

(4)

Any deduction made under this subpart is not part of or included in any amount of tax withheld under the PAYE rules on account of income tax.

(5)

The deductions made under this subpart are in addition to any amounts of tax required to be withheld under the PAYE rules.

(6)

This section is subject to sections 212 to 216.

Section 67(1)(b): amended, on 1 April 2008, by section ZA 2(1) of the Income Tax Act 2007 (2007 No 97).

Section 67(3)(a): amended, on 1 April 2018, by section 382(1) of the Taxation (Annual Rates for 2017–18, Employment and Investment Income, and Remedial Matters) Act 2018 (2018 No 5).

Section 67(3)(a): amended, on 1 April 2008, by section ZA 2(1) of the Income Tax Act 2007 (2007 No 97).

Section 67(4): amended, on 1 April 2008, by section ZA 2(1) of the Income Tax Act 2007 (2007 No 97).

Section 67(5): amended, on 1 April 2008, by section ZA 2(1) of the Income Tax Act 2007 (2007 No 97).