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New Zealand - ESCT Salary Threshold didn't update for an Employee in NZ

Updated over 2 months ago

The ESCT rate stored within the Employee's Superannuation screen is based on the employee's salary or wages plus gross employer contributions paid for the employee in the previous tax year, i.e., 1 April to 31 March.
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The tax rate is used for all employer contributions made in the current tax year.
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This rate should not be changed during the financial year.

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