Release date—15 March 2022
Payroll updates
This release includes the payroll updates for the 2022–2023 financial year.
Student loan thresholds
The new thresholds are:
|
Frequency |
Threshold amount |
|---|---|
|
Annual |
$21,268.00 |
|
Monthly |
$1,772.33 |
|
4-weekly |
$1,636.00 |
|
Fortnightly |
$818.00 |
|
Weekly |
$409.00 |
ACC rates and thresholds
We've updated the Earners’ Account Average levy rate per $100 of liable earnings (incl. GST) to $1.46. The ACC Earner Levy new thresholds are set to:
|
Frequency |
Threshold amount |
|---|---|
|
Employees and private domestic workers (Work and Earners' Accounts) |
$136,544.00 |
|
Self-employed people (Work and Earner's Accounts) |
$136,544.00 |