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Originally Posted by AmandaB
One question I have is - income tax is higher than here but I can't find any reference to any kind of national insurance. Is income tax the only deduction from wages?
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Hi Amanda,
Welcome to the forum! In answer to your question I believe the only other compulsory deduction from your wages is ACC:
"All employees must pay an ACC earners' levy to cover the cost of non-work related injuries. It is collected by Inland Revenue on behalf of the Accident Compensation Corporation (ACC).
Employers deduct the earners' levy from wages. It is included as a component of PAYE deductions.
Earners' levy is charged at a flat rate each year" It is currently $1.30 per $100 (1.3%) Taken from
Find out about - Income tax rates for individuals
Am sure someone else will correct me if there is more!!
We live in Tauranga and my boyfriend is an electronics control design engineer so if you have any questions we can help with just shout!
Clare
