Changes to payroll legislation happen every year that you need to be aware of.
Changes for the year ahead include:
- Increase in the maximum liable earnings from $118,191 to $120,070 for the purposes of calculating the ACC Earner levy.
- Minimum adult wage is increasing from $14.25 to $14.75 from 1 April 2015.
- The starting-out and training hourly minimum wages will increase from $11.40 to $11.80 an hour.
- Various amendments to the Employment Relations Act 2000 also came into force on 6 March 2015. Employers particularly need to be aware of the changes regarding Flexible Working Arrangements and Rest and meal breaks.