Not many changes this year and no change to the Holidays Act which is a blessing in my view as the proposed changes would do nothing to make the Legislation easier to comply with. ACC Earner LEVY Rate The ACC Earners Levy Rate has increased from $1.46 to $1.53. ACC Earner LEVY Threshold The maximum […]
Tag: ACC Earner Levy
Staff have received a Tax Bill, why?
Why do I get a tax bill each year? The calculation of tax is not a straight forward exercise that most assume. It is based on multiple rates and multiple thresholds. Hopefully this will help to explain why some people end up with a tax bill and some with a tax refund.