Last updated on September 6th, 2024
Currency | NZD |
Payroll cycle | Monthly, Weekly or Bi-Weekly |
Employer taxes | 15.08% |
Minimum wage | 22.70 NZD per hour |
Working hours | Maximum 40 hours and 5 days a week |
AUGUST 2024
Updated Personal Income Tax Threshold Changes
JUNE 2024
Personal Income Tax Threshold Changes
Extending the Independent Earner Tax Credit (IETC)
Personal Income Tax Threshold Changes (Repost)
APRIL 2024
Pay As You Earn (PAYE) Deduction Table 2024-2025
FEBRUARY 2024
Changes of Minimum Wages Effective 1st April 2024
JANUARY 2024
No Statutory Updates
DECEMBER 2023
No statutory Updates
NOVEMBER 2023
No statutory Updates
OCTOBER 2023
No statutory Updates
SEPTEMBER 2023
No statutory Updates
AUGUST 2023
No statutory Updates
JULY 2023
No statutory Updates
JUNE 2023
No statutory Updates
MAY 2023
Section CW 18 of the Income Tax Act 2007 exempts from tax some allowances that an employee receives from their employer to reimburse additional transport costs arising from the employee’s travel from home to work. This means that PAYE does not have to be deducted from the allowance.
APRIL 2023
No statutory Updates
MARCH 2023
Pay As You Earn (PAYE) Deduction Tables 2023-24
FEBRUARY 2023
Changes of Minimum Wages Effective 1st April 2023
JANUARY 2023
No Statutory Updates
DECEMBER 2022
No Statutory Updates
NOVEMBER 2022
No Statutory Updates
OCTOBER 2022
No Statutory Updates
SEPTEMBER 2022
Public Holiday on 26 September to Mark Passing of Queen Elizabeth II
AUGUST 2022
No Statutory Updates
JULY 2022
No Statutory Updates
JUNE 2022
Parental Leave Payments Increase by 6.33% Effective on 1 July 2022
MAY 2022
No Statutory Updates
APRIL 2022
No Statutory Updates
MARCH 2022
Pay As You Earn (PAYE) Deduction Tables 2022/23
FEBRUARY 2022
Govt increasing wages for lowest paid workers
JANUARY 2022
No Statutory Updates
DECEMBER 2021
No Statutory Updates
NOVEMBER 2021
No Statutory Updates
OCTOBER 2021
No Statutory Updates
SEPTEMBER 2021
No Statutory Updates
AUGUST 2021
Pay As You Earn (PAYE) Deduction Tables 2021/22 (REVISED)
JULY 2021
New Zealand publishes Final Interpretation Statement on Tax Deductions for Businesses disrupted by the COVID-19 Pandemic.
Payday Filing version 2
JUNE 2021
Wage subsidy and leave support payments in income tax returns.
Automatic Individual Write offs.
Wage subsidy pre-populating on some income tax returns – Update.
MAY 2021
2021 End of year process – Individual income tax assessments.
New default providers announced for KiwiSaver
Budget 2021.
Holidays (Increasing Sick Leave) Amendment Bill- Increase in Sick leave.
Holidays (Increasing Sick Leave) Amendment Bill-Change in Carrying over unused sick leave
APRIL 2021
No Statutory Updates
MARCH 2021
Bereavement leave to cover miscarriage, stillbirth
Pay As You Earn (PAYE) Deduction Tables 2021/22
Clarification of the ACC earners levy and SA, SA SL tax codes
Easier applications for paid parental leave
FEBRUARY 2021
New COVID-19 Payment Supports Businesses
JANUARY 2021
No Statutory Updates
DECEMBER 2020
The Minimum Wage effective from April 2021
Taxation (Income Tax Rate and Other Amendments) Bill- New top personal tax rate
Taxation (Income Tax Rate and Other Amendments) Bill- Strengthening information-gathering rules
Taxation (Income Tax Rate and Other Amendments) Bill- Minimum family tax credit
NOVEMBER 2020
No Statutory Updates
OCTOBER 2020
No Statutory Updates
SEPTEMBER 2020
Eligibility Expanded for COVID-19 Leave Support
Seasonal Work Visa Available to More People
Public Holidays in New Zealand for the Year 2021
AUGUST 2020
No Statutory Updates
JULY 2020
The Employment Relations (Triangular Employment) Amendment Act 2019 came into force on 28 June 2020
Increase in the Rate of Parental Leave Payments
Increase in Number of ‘Keeping in Touch’ days
JUNE 2020
Wage Subsidy Extension
MAY 2020
No Statutory Updates
APRIL 2020
Tax relief and income assistance
Pay As You Earn (PAYE) Deduction Tables 2020/21
Wage Subsidy Scheme
2020/2021 Tax Due Date Calendar (IR328)
MARCH 2020
Late filing penalties for income tax
Late filing penalties for employment information
Covid-19 leave payment scheme
Worker has been advised to self-isolate
Employment rules for the Easter and ANZAC holidays
FEBRUARY 2020
No Statutory Updates
JANUARY 2020
The Minimum Wage effective from 1st April 2020
Telephone
Fax
+6 (03) 2777 8301
Malaysia (HQ - Payroll Hub)
Suite 5-1, Level 5, Wisma UOA Damansara II, No 6, Changkat Semantan, Damansara Heights, 50490 Kuala Lumpur, Malaysia