Payroll Pro - Version 2.42 (and higher)
Changes applying from April 2015
(For previous years changes in April 2014 click here)
ACC Earner Levy
ACC Earner Levy
The maximum income to which the ACC Earner Levy is applied is increased to $120,070, giving a maximum levy of $1,741.01.
But the ACC Earner Levy remains at 1.45%.
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The ACC Earner Levy is a component of the PAYE.
The maximum income to which the ACC Earner Levy is applied is increased from $118,191 to $120,070, giving a maximum levy of $1,741.01. Previously this maximum income was $118,191 so this change effects employees who earn more than $118,191.
This change will automatically come into effect when you enter a pay period end date of 1 April 2015 or later.