2025 Tax Changes – Minimum Rate to increase to $23.50 from April 1st.

As previously announced by the Government, the Adult Minimum Hourly Rate will increase to $23.50 for all hours worked from April 1st, 2025, it is currently $23.15.  The Starting Out/Training Minimum Rate will increase to $18.80 hour.

This is a legislative change so the rates will be applied automatically.

As a point of interest, this article outlines the Minimum Rates in Europe. Note the figures provided are in Euros and Monthly. As at 17/02, one Euro = NZ1.83 and there is an average of 173.33 hours in a month based on a 40 hour week.

https://www.euronews.com/business/2025/01/31/minimum-wages-in-europe-how-does-your-country-compare-in-2025

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