NZ Payroll Compliance update - April 2021

Steven_M
MYOB Moderator
40,148 Posts
MYOB Moderator
New Zealand
MYOB Moderator

40,148Posts

5,447Kudos

5,932Solutions

NZ Payroll Compliance update - April 2021

Hi Everyone

 

The latest tax tables are now available in our software: 

MYOB Essentials:  The software will be automatically updated from 1 April.

MYOB ACE PayrollTo access the update and release notes, please visit our dedicated EOFY page.

MYOB PayrollTo access the update and release notes, please visit our dedicated EOFY page.

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Hi everyone, 

 

The 2021 NZ compliance updates are now available in MYOB Ace Payroll and MYOB Payroll MYOB Essentials will be automatically updated from 1 April.  

 

These releases include key compliance changes that take effect from 1 April 2021. 
 
What’s changed:  

  • New Tax codes and thresholds for annual income greater than $180,000 
  • Updated ESCT threshold, adding a new top rate of 39% 
  • Updated student loan thresholds for the 2021-2022 financial year 
  • Payday filing changes to the way payday filing information is declared See the release notes below for more information on this release 

Minimum wage update 
From 1 April 2021 the adult minimum wage will increase from $18.90 to $20.00. If you have employees on the minimum wage make sure their pay rate is updated in their software. 
 

To access the updates and release notes, please visit our dedicated EOFY page.

Kind regards,
Steven

MYOB Community Support

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