Greater Wellington Regional Council says it has been overpaying its KiwiSaver contributions to staff since changes to the scheme were introduced in 2012. The regional council and the tax department are now trying to figure out how much money had been overpaid to staff and underpaid to the government. Regional council chairman Daran Ponter said he was aware of the error. It could leave the regional council with a significant outstanding tax amount it owed to Inland Revenue, he said, and that cost could shift onto ratepayers, who partially fund the council. The regional council has joined a long list of organisations that have experienced problems with payroll systems in recent years, mainly around holiday pay.

Source: Stuff March 28, 2021 16:07 UTC