Payroll changes from 1 April 2017
From 1 April the minimum adult hourly rate increases by 0.50c to $15.75 per hour. Make sure that you check your payroll and make increases to employee’s wages where needed.
There’s no change to the ACC rate; however the ACC earner levy threshold increases to $124,053 per annum.
The Student Loan threshold is increasing from $367 to $368 a week – yes a whole $1 per week.
If you’re using an online payroll program, such as FlexTime, changes to taxes and ACC rates happen automatically