April 2026 Payroll Changes: Minimum Wage Increase and KiwiSaver Rate Rise — What Every NZ Employer Needs to Do Now
Two significant payroll changes take effect on 1 April 2026, and they both hit your bottom line on the same day. The adult minimum wage is increasing to $23.95 per hour, and the default KiwiSaver contribution rate is rising from 3% to 3.5% for both employees and employers. If you employ anyone on or near […]
Payroll Compliance Isn’t Optional: Why Accountants and Directors Need to Stop Burying Their Heads in the Sand
There’s a dangerous assumption lurking in boardrooms and accounting practices across New Zealand: “What we don’t know can’t hurt us.” When it comes to payroll compliance, nothing could be further from the truth. In fact, what you don’t know about your payroll obligations could cost you hundreds of thousands of dollars, damage your reputation, and […]
The Hidden Dangers of Switching Payroll Systems: What You Don’t Know Could Cost You
When migrating to a new payroll platform becomes a compliance nightmare Switching payroll systems should be straightforward. Export your data, import it into the shiny new platform, and carry on as usual. Simple, right? Not quite. Every year, New Zealand businesses make the leap to new payroll software – lured by promises of automation, better […]
ACC REBATE FOR THE 2012 YEAR
For those of you who have earnt over the threshold of $111,669 from one source of income for the 2012 tax year, you may be due a refund. Any earnings over this amount are not liable for the ACC levy which is part of your PAYE deduction taken each payday. The levy for the 2012 […]
Kiwis will work 123 days to pay their taxes.
Did you know the average Kiwi has to work 123 days to pay their taxes. Tuesday the 3rd of May is when we start working for ourselves and not for the Government. We compare poorly against Australia who have a Tax Freedom Day of April 19th but are leaps ahead of Norway with their Tax […]
New Secondary Tax Code from 01 April 2010
From 01 April 2010 any employees using a secondary tax code that expect their income from all sources to be less than $14,000 per year, can utilise the new tax code SB, this tax code deducts PAYE at a rate of 12.5%
Handling PAYE payments
We have been fielding a large number of calls lately and one common question seems to be how we handle PAYE payments as a number of bureaus are taking the Gross pay from their clients, hanging onto the money, and then paying the IRD when due. Our preference is that you, the client, handles the […]
Tax Rates in New Zealand
The PAYE for primary employment is – 14.2 % on income up to $14,000, plus – 22.7% on income over $14,000 up to $48,000, plus – 34.7% on income over $48,000 up to $70,000, plus – 39.7% on income over $70,000 up to $106,473. Income over $106,473 is taxed at 38% as this is the […]
Can you pay the PAYE for us?
Yes we can ensure the payment for your PAYE is completed on time. We need to be handling the DC file for you in order to do this. We do charge a separate fee for this service.