Getting a little back in your pocket
Posted by: Louise Pope
Date: 17 February 2014
For the 2014/2015 year the earners levy, the levy deducted from our wages, is dropping from $1.70 per $100 of earnings to $1.45 per $100 of earnings.
Example based on annual figures
|
Income level |
ACC levies 2013/14 |
ACC levies 2014/15 |
Money in your pocket |
|
$20,000 |
$ 340.00 |
$290.00 |
$ 50.00 |
|
$40,000 |
$ 680.00 |
$580.00 |
$100.00 |
|
$60,000 |
$1,020.00 |
$870.00 |
$150.00 |