The minimum wage will rise to $23.15 per hour from 1 April 2024. This is an increase of 45 cents an hour from the current hourly rate of $22.70.
The ACC earner levy will also increase on 1 April 2024 from $1.53 per $100 to $1.60 per $100. This increases the PAYE deductions from your employee’s wages.
If you manually calculate PAYE on your staff wages, this is the time to confirm the new PAYE amounts using IRD’s online PAYE calculator.
The living wage increased on 1 September 2023 and now sits at $26.00 per hour.
Our team have a diverse range of skills and experience which we utilise to ensure that you are always fully supported to make informed decisions and enable your business to head along a path of success.
We aim to develop close relationships so we understand each client's business and the direction they want to head. Our support is tailored to the specific requirements of the client to ensure goals are reached.
