Holidays Act Remediation FAQ

Your remediation payment will vary based on your working patterns and leave patterns while at GW. Each payment has been individually calculated.

You’re more likely to receive a payment if you: 

• worked roster or shift arrangements
• received allowances
• changed work patterns, for example, from part-time to full-time

For those who work a standard week your entitlements are likely to be more accurate.

• Legal Identification confirming your full name
• Your contact details i.e. address, and phone number of applicant/former employee
• A marriage, birth or dissolution of marriage certificate if your name has changed since you worked for GW
• IR330 tax declaration form
• KS2 – if a member of KiwiSaver
• Proof of bank account (deposit slip or snip/screenshot of bank account number with bank logo and former employee name clearly showing)
• Proof of relationship (if applying on behalf of a former employee)

To receive your payment, you will need to provide or nominate a New Zealand bank account and make the necessary arrangements to receive the funds. If the account is not in your name, you will be responsible for the accuracy of the account holder's details you provide. By submitting this information, you agree to the terms of our privacy statement. 

Once we have verified your information to confirm your identity, we will inform you of the payment date.

Your remediation payment will be taxed as a lump sum payment. You can check the IRD website to see if your total earnings, including your Holiday’s Act remediation payment, will place you into a different tax bracket for this financial year. You may also want to seek independent tax advice. 

We encourage you to contact the relevant organisations such as Inland Revenue for advice about whether your remediation payment affects any agreement you have with them about your current earnings, benefits, child support or any other matters. 

The Inland Revenue website has useful information on tax treatment of lump sum payments such as this useful information on the tax treatment of lump sum payments. You can also contact the IRD directly on 0800 227 774 or use your MyIR account.

PAYE, as well as other deductions such as student loan deductions and KiwiSaver contributions, will automatically be deducted at the time of the payment. These deductions will be based on the information provided to us on your IR330 tax declaration.

KiwiSaver contributions will automatically be deducted at the time of payment and associated employer contributions will be paid at the legislated employer contribution of 3%.

KiwiSaver is payable on most taxable income while other pension schemes are calculated on base salary.

If you were employed multiple times from 1 June 2010, your remediation periods are combined, and you will receive one payment for all periods.

We are not recovering or off-setting overpayments.

We are legally obligated to calculate all leave entitlements in line with the Holidays Act 2003. Any amounts owed will be paid in full. 

The calculation of remediation payments is complex involving a large amount of data, and as such detailed calculation break downs will not be provided with the letter detailing the amount of your remediation payment. However, if you wish to obtain a detailed calculation this can be arranged on request.

Interest will not be paid on the remediation payments.

We will process remediation payments once we receive a valid application along with the necessary supporting documentation.