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.