Payroll - Crystal Payroll https://crystalpayroll.com Online Payroll that’s so clear, so simple, so complete, you’ll wonder why you didn’t try Crystal Payroll earlier. Mon, 02 Oct 2023 23:57:30 +0000 en-NZ hourly 1 https://wordpress.org/?v=6.2 https://i0.wp.com/crystalpayroll.com/wp-content/uploads/2023/02/cropped-Logo-Element.png?fit=32%2C32&ssl=1 Payroll - Crystal Payroll https://crystalpayroll.com 32 32 217380108 PAYE Simplified: Understanding Your Payroll with Crystal Payroll’s Free Calculator https://crystalpayroll.com/informative/paye-simplified-understanding-your-payroll-with-crystal-payrolls-free-calculator/?utm_source=rss&utm_medium=rss&utm_campaign=paye-simplified-understanding-your-payroll-with-crystal-payrolls-free-calculator Thu, 06 Jul 2023 05:45:27 +0000 https://crystalpayroll.com/?p=4749

Understanding and correctly calculating your tax obligations is crucial, whether you're an employer making payments to the IRD, or an employee looking to gain a better understanding of your pay. Crystal Payroll's user-friendly PAYE calculator provides a reliable, simple solution to help you work out your tax deductions accurately and swiftly.

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Contents

Demystifying PAYE: What is it?
Why Use a PAYE Calculator?

Understanding and correctly calculating your tax obligations is crucial, whether you’re an employer making payments to the IRD, or an employee looking to gain a better understanding of your pay. Crystal Payroll’s user-friendly PAYE calculator provides a reliable, simple solution to help you work out your tax deductions accurately and swiftly.

Demystifying PAYE: What is it?

PAYE, or Pay-As-You-Earn, refers to the process where a specific percentage of wage or salary earnings are withheld and paid to the government as tax. Each payday, tax deductions are made from gross earnings and transferred to the IRD. Besides income tax, PAYE may also include other income-based deductions like KiwiSaver contributions, student loan repayments, and child support payments.

Why Use a PAYE Calculator?

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A PAYE calculator like Crystal Payroll’s offers several advantages:

  • Budgeting: By calculating your net pay, you can get a clear picture of what’s left for your expenses. With our PAYE calculator, you simply enter your details to visualize your net income.
  • Evaluating job offers: If you’re considering a new job and want to understand your potential take-home pay, a PAYE calculator offers valuable insights into what you have been offered and the amount you’ll be taking home.
  • Verifying system calculations: While it’s rare for system calculations to go awry, if the figures seem off, you can cross-check your details with our PAYE calculator for verification.

Crystal Payroll’s PAYE calculator is known for its ease-of-use. With only essential inputs required—such as your tax code, pay frequency, and any income-based deductions—you’ll receive clear, understandable results quickly.

Navigating through PAYE calculations can feel daunting, but with Crystal Payroll’s intuitive tool and a team dedicated to staying up-to-date with legislation, we simplify the process. We’re here to help you make accurate tax payments with ease and confidence.

Compare our tool with the IRD’s PAYE calculator and see the difference for yourself. Our goal is to make payroll management as simple as possible for you.

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Try Crystal Payroll’s PAYE Calculator Now
Ready to take the first step towards simplified payroll management? Experience the convenience of our PAYE calculator today.
Or get started with a free demo of Crystal Payroll.

After using our calculator, if you have any queries or need further assistance, don’t hesitate to reach out to our dedicated customer support team. We’re always here to help you make sense of your payroll needs.

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Top 10 Tips For Choosing The Best Online Payroll System https://crystalpayroll.com/tips/top-10-tips-for-choosing-the-best-online-payroll-system/?utm_source=rss&utm_medium=rss&utm_campaign=top-10-tips-for-choosing-the-best-online-payroll-system Sun, 17 Jan 2021 23:30:18 +0000 https://test.crystalpayroll.xyz/?p=1

If you’re recommending payroll software to your clients, you need to be sure they can choose the system that’s most appropriate for them and their business. Here are our Top 10 things to consider.

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If you’re recommending payroll software to your clients, you need to be sure they can choose the system that’s most appropriate for them and their business.
Here are our Top 10 things to consider:

1. Online is the future

Quite simply, PC-based software is rooted in the past. An online system gives access whenever and wherever it’s needed, via any Internet capable device. The data is stored securely and automatically backed-up. Updates and upgrades are implemented centrally, meaning it doesn’t take an IT expert to keep the software correctly and compliant.

2. Real-world functionality

Not all payroll systems are created equal! Never assume a system automatically offers everything a business needs. For example, can it customise cost centres? Does it do multiple job pay rates or variable pay frequencies? Was the system designed in New Zealand with New Zealand businesses in mind?

3. Flexible service options

Conversely, a client should only have to pay for what they need. Some payroll systems are offered as a “one size fits all” all-inclusive package, meaning that the cost could include features which are completely irrelevant for some businesses and never used. If different levels of service are available, is it possible to swap between these, and without penalty? Find out more about Crystal Payroll’s service options.

4. Compatibility and convenience

An effective payroll system should integrate seamlessly with complementary accounting or time-clock software, be it online (like Xero) or PC-based (such as MYOB).

5. Quality of reporting

The reports generated need to be at the level of detail required by the business. Some systems restrict the manner in which reports can be extracted, for example, by pre-determined time periods. It should be possible to produce critical reports, such as Leave Liability, at any time. Ask for samples of reports to double-check this.

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Recommendations should be given objectively and based purely on merit. However, if you’re a Crystal Payroll Partner we like to say “thank you” every time you pass us a successful referral. Perhaps surprisingly, this is something that very few online payroll providers choose to do. Find out more about our Partnership Programme.

6. Permitted access

Is access limited? To whom, and how do they gain that access? How is the whole process controlled? A business may require multiple administrators in several locations to work on the system. It could be advantageous for employees to be able to access their own pay data.

7. Transferring data

Not every online payroll system allows data to be uploaded or transferred from previous PC-based systems, or may only allow current balances. It’s crucial that a business which is moving from an offline system doesn’t have to leave behind its payroll history.

8. Competent and friendly support

Any system can claim to offer “ongoing support”, but sometimes this can be software assistance only. Others may offer payroll advice but are they IRD accredited PAYE intermediaries?

9. Subscription termination

What happens if a customer stops subscribing? Worst case scenario, they could lose access to all their historic data. The better option would be for the data to revert to “read only” so that they (and their accountant) can still view the information and generate the necessary reports. In this instance, the data should be available for the required seven years of storage.

10. Referral rewards

Recommendations should be given objectively and based purely on merit. However, if you’re a Crystal Payroll Partner we like to say “thank you” every time you pass us a successful referral. Perhaps surprisingly, this is something that very few online payroll providers choose to do. Find out more about our Partnership Programme.

Sign Up for Crystal Payroll Today
Online Payroll that’s so clear, so simple, so complete, you’ll wonder why you didn’t try Crystal Payroll earlier.
Cloud based
IRD compliant
Great value
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