Thursday, 29 October 2026

NZ: The PAYE* Tax Discussion That Needs To Be Had

Grant Seton policy:

The PAYE* Tax Discussion That Needs To Be Had

Excluding those receiving benefits, if you have received below the minimum wage - plus 8 (eight) percent (Annual Leave) - over the 12 month period to the 31st March, then Inflation is eating your lunch !

So, PAYE tax needs to be Zero for you, if the Economy is not giving the 40 hours at Minimum ! Remember the Labour Day Holiday ? - time to start Remembering what it's about !

While PAYE might be Zero, you'll still be consuming and therefore paying tax by way of GST in your Food, Travel, Rates, Fuel, etc etc.

(*Pay As You Earn)

Grant Seton

ENDS

No comments:

Post a Comment