You’ll still need to pay employer superannuation contribution tax (esct) on all your voluntary contributions. The new tax thresholds will be $15,600 (up from $14,000 for the 10.5% rate), $53,500 (up from $48,000 for 17.5%) and $78,100 (up from $70,000 for 30%).
Find key information you need regarding tax in new zealand here. Personal income tax threshold changes.
Employer Superannuation Contribution Tax (Esct) Is Deducted From Your Employer Contributions To Your.
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The Esct Rate For This Earnings Bracket Is 17.5%.
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Changes Have Been Made To Provide Tax Relief For Individuals And Families.