Tax and Wage Changes Effective 1 April 2014

28 March 2014

Good afternoon.

Annual changes to the ACC Earner Levy rate and the Minimum Wage rate for adult workers will come into effect on April 1, 2014.

There will be a decrease in the ACC Earner Levy rate from 1.7% to 1.45%. The Minimum Wage rate for adult workers will increase from $13.75 to $14.25 per hour.

Novopay will automatically increase any pay rates for adult workers that are currently below $14.25 per hour to the new minimum legal wage from 1 April 2014.

-The Novopay Service Centre team