Your employees may notify you that they have an approved Savings Suspension where they can take a break from contributing to their KiwiSaver. This was previously called a Contribution Holiday. For more information on KiwiSaver Savings Suspension refer to the below IRD link - Suspending KiwiSaver deductions and contributions (ird.govt.nz).
To apply the KiwiSaver Savings Suspension to your NZ Employee
Go to Payroll, Maintenance, Employees, Employees.
Edit the Employee you need to apply the suspension to.
Select Superannuation Details.
Edit the Fund in the top box.
Tick Date Terminated. This will display the Opt Out and Savings Suspension fields. The Opt Out Notice Date will be ticked by default, and Savings Suspension will be greyed out.
Enter Date Terminated as the date the suspension is to commence.
Untick Opt Out Notice Date.
Tick Savings Suspension.
Click OK. This will stop the Employer Contribution from calculating.
Edit the Employee Contribution in the box at the bottom.
Enter 0 in Value.
Click OK to save the change. This will stop the Employee Contribution from calculating.
Click OK to save the employee record.
At the end of the KiwiSaver Suspension period, you will need to reinstate the contributions to your NZ employee:
Go to Payroll, Maintenance, Employees, Employees.
Edit the Employee you need to apply the suspension to.
Select Superannuation Details.
Edit the Fund in the top box.
Untick Date Terminated. This will remove the Opt Out and Savings Suspension fields.
Click OK.
Edit the Employee Contribution in the box at the bottom.
Enter the Employee's Contribution Percentage into Value.
Click OK to save the change.
Click OK to save the employee record.