There always seems to be a lot of confusion over whether Easter Sunday is a Public Holiday and what your employees are entitled to be paid. Easter Sunday is NOT treated as a public holiday under the Holidays Act 2003 – Refer to the informative Department of Labour link below: http://www.dol.govt.nz/workplace/knowledgebase/item/1245
Month: March 2010
New Secondary Tax Code from 01 April 2010
From 01 April 2010 any employees using a secondary tax code that expect their income from all sources to be less than $14,000 per year, can utilise the new tax code SB, this tax code deducts PAYE at a rate of 12.5%