IR Updates April 2025 to March 2026
- Details
- Last Updated: Friday, 14 March 2025 14:19
Changes from April 2025
A.C.C Earners Levy
Levy increased to $1.67
Student Loans
No Changes - threshold remains at 464 pw or $24128 / no yearly pays.
KiwiSaver
ESCT / RSCT earning threshold for rates below 39% increased. (To reflect the higher Aug 2024 thresholds)
Tax Changes
Extra Pay: Tax on Grossed up amount calculated from the last four weeks can use last two pay period paid earnings instead.
This allows for irregular pay periods and for monthly employees two pays are combined instead of one.
Fringe benefit tax changes.