Release date—March 2024
What’s new?
This release includes the Payroll changes for the 2024-25 financial year
ACC earner levy changes
We've updated the ACC earner levy rates and thresholds for the 2024-25 financial year.
|
|
New value for 2024-25 |
2023-24 |
|---|---|---|
|
Rate |
$1.6 |
$1.53 |
|
Max. liable earnings threshold (employees and self-employed people) |
$142,283 |
$139,384 |
Student loan threshold changes
We've updated the student loan thresholds for the 2024-25 financial year.
|
Frequency |
2024-25 threshold |
|---|---|
|
Annual |
$24,128 |
|
Monthly |
$2,010.67 |
|
Half-Monthly |
$1,005.33 |
|
4-weekly |
$1,856 |
|
Fortnightly |
$928 |