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NZ Payroll Update

These changes are effective as of 1 April 2022

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 $21,268.00.

Student Loan weekly threshold increased to $409.00

Minimum Wage -  increased to $21.20 per hour. 

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



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