Posted in Payroll Comment on Mar 25th, 2010
From April 1st, 2010 the ACC Earner Premium will increase from 1.7% to 2% per $100 of earnings. The Earner Premium is used to cover non-work related accidents by employees.
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Posted in ACC on Aug 21st, 2009
This is a question for Payroll Software providers. If ACC levies are capped at a Gross Income of $106,473 do you automatically tax all income above this threshold at 38% or are you using a rate of 39.7%? If it is the latter then are you not overtaxing employees to the tune of 1.7%? If […]
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