Payroll Pro - Version 2.40 (and higher)
Changes applying from April 2014
(For previous years changes in April 2013 click here)
ACC Earner Levy
ACC Earner Levy
The ACC Earner Levy reduces from 1.7% to 1.45%.
The maximum income to which the ACC Earner Levy is applied is increased to $118,191, giving a maximum levy of $1,713.76.
The ACC Earner Levy is a component of the PAYE.
The reduction from 1.7% to 1.45% applies to all employees, and will result in a small increase in net pay.
This change will automatically come into effect when you enter a pay period end date of 1 April 2014 or later.
The maximum income to which the ACC Earner Levy is applied is increased to $118,191, giving a maximum levy of $1,713.76. Previously this maximum income was $116,089 so this change effects employees who earn more than $116,089.
This change will also automatically come into effect when you enter a pay period end date of 1 April 2014 or later.