SAP ABAP Data Element PNZ_TAXEE (Extra Pay tax rate)
Hierarchy
SAP_HRCNZ (Software Component) Sub component SAP_HRCNZ of SAP_HR
   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 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