SAP ABAP Data Element PNZ_TAXEE (Extra Pay tax rate)
Hierarchy
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SAP_HRCNZ (Software Component) Sub component SAP_HRCNZ of SAP_HR
⤷ PY-NZ (Application Component) New Zealand
⤷ PC43 (Package) HR accounting: New Zealand
⤷ PY-NZ (Application Component) New Zealand
⤷ PC43 (Package) HR accounting: New Zealand
Basic Data
Data Element | PNZ_TAXEE |
Short Description | Extra Pay tax rate |
Data Type
Category of Dictionary Type | D | Domain |
Type of Object Referenced | No Information | |
Domain / Name of Reference Type | DEC3_2 | |
Data Type | DEC | Counter or amount field with comma and sign |
Length | 5 | |
Decimal Places | 2 | |
Output Length | 6 | |
Value Table |
Further Characteristics
Search Help: Name | ||
Search Help: Parameters | ||
Parameter ID | ||
Default Component name | ||
Change document | ||
No Input History | ||
Basic direction is set to LTR | ||
No BIDI Filtering |
Field Label
Length | Field Label | |
Short | 10 | EP rate |
Medium | 20 | Extra Pay rate |
Long | 20 | Extra Pay rate |
Heading | 6 | EP rte |
Documentation
Definition
Indicates that the employee is taxed at a higher rate on his or her extra pay payments, regardless of whether his or her income exceeds the extra pay tax brackets defined in Customizing for Payroll New Zealand under Taxation -> Tax Codes -> Define Extra Pay Rates.
Use
An employee may ask to be taxed at one of the higher rates (30% or 38%) because he or she believes that at the end of the year his or her annual income will have exceeded the appropriate extra pay tax bracket (NZD 48,000 or NZD 70,000 respectively) and wishes to avoid having to pay back tax at the end of the tax year.
If you do not make an entry in this field, the employee's extra pay payments will be taxed at the rates defined for the tax brackets in Customizing:
- 10.5% if his or her annual income is upto NZD 14,000
- 17.5% if his or her annual income is between NZD 14,001 and NZD 48,000
- 30% if his or her annual income is between NZD 48,001 and NZD 70,000
- 33% is his or her annual income exceeds NZD 70,000
History
Last changed by/on | SAP | 20110809 |
SAP Release Created in | 46C |