April 2021 Tax Changes

ACC Earner Levy Threshold – There are no changes to the ACC Earner Levy Threshold this year. Student Loan Threshold – The Student Loan Threshold has increased to $20, 280 and the required deduction remains at 12%. New Top Tax Rate – A new Main Tax Rate of 39% takes effect from $180,000. New Extra […]

Covid19 – Information from IRD re Tax Implications of the Wage Subsidy

Your COVID-19 questions Please ensure you keep up to date with clarification about the changes we are implementing to respond to the COVID-19 event please review all information here  Large employers with questions about accessing the wage subsidy should visit: https://www.workandincome.govt.nz/products/a-z-benefits/covid-19-largeemployers.html Wage and Leave Subsidies   Inland Revenue would strongly encourage employers to pass the wage […]