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PayHero (v2.11.0) – Release Date: 16/03/2023

Nicky Blackwood avatar
Written by Nicky Blackwood
Updated this week

Tax Updates

Tax Year 2023-2024 - Applying the new tax details for the April 2023 - March 2024 tax year. This includes:

  • Student Loan Threshold increasing from $21,268 to $22,828

  • ACC Rate increasing from 1.46% to 1.53%

  • ACC Threshold increasing from $136,544 to $139,384

  • Minimum Wage increasing from $21.20 to $22.70 (only used in calculations for our Minimum Wage Top Up feature)

IRD Integration - Some behind the scenes updates to our IRD integration to comply with their API changes. There is no change for end users.

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