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NZ Payroll Update 2021

These changes are effective as of 1 April 2021

ACC Levy threshold has remained capped at $130,911 - earnings over this are not subject to ACC levies.

Student Loan repayment annual threshold has increased to $20,280.00.

Student Loan weekly threshold increased to $390.00

Minimum Wage -  increased from $18.90 to $20.00 per hour. 

Annual Income greater than $180,000 is now taxed at 39%.

New tax codes of SA ans SA SL for secondary income over $180,000.


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