PAYROLL: tax changes for 1 April 2017 14 March 2017

Tax rate changes for MacBusiness Payroll for 1 April 2017 have been released:

• The maximum ACC earnings threshold increases from $122,063 to $124,053 per annum
• The earnings threshold for Student Loan deductions increases from $19,084 to $19,136 per annum

You can go to Setup, click the "Tax/ACC/KiwiSaver tab", and click "Update Tax Rates" to load these new rates any time from now. The new tax rates won't be applied until you load a pay with a payment date in April.

Alternatively, you will get a prompt from Payroll to update them automatically when you load your first pay with a payment date in April.

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