2020 Payroll Changes

ACC Rates & Threshold The ACC earner levy that is collected as part of the PAYE deduction remains the same at 1.39 percent The maximum earnings for which ACC earner levies applies increases from $126,286 to $128,470 Student Loans The annual Student Loan repayment threshold has increased from $19,448 to $19,760 KiwiSaver Employee contributions now … Continue reading 2020 Payroll Changes