Friday, 30th July 2010

Tax Facts

 

Income Tax Levels

(From the 1st April 2009)

Individuals 
  $0 - $40,000
 21%
  $40,001 - $70,000
 33%
  $70,001 +  38%
Companies 30%
Trusts 33%

Read more about Allowable Deductions

Read more about Trusts and Trading Trusts

 

 

ACC

 

Employers

As an employer you are responsible for providing your employees with both a safe workplace and ACC for work-related injuries.  You will be invoiced levies each year based on your staff gross wages paid.

 

Self-employed ACC Cover Plus

You can stay with standard ACC Coverplus and be eligible for compensation based on 80% of your past year's earnings from self-employment.

 

Self-employed ACC Cover Plus Extra

If you're eligible for optional ACC Coverplus Extra you'll get a guaranteed level of compensation if you are unable to work, no questions asked.

 

For more information on ACC and to calculate your estimated ACC levies in advance please visit the ACC website www.acc.co.nz