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ESCT on Pay Totals report

Go to: Payroll module > Reports menu > Pay Totals.

This report now displays the ESCT%. You will need to use this report to see if any employees need to have their ESCT% rate change. The ESCT % rate must be reviewed each year based on employees' gross earnings for the previous year. The Pay Totals report will display both the current % and the gross earnings. The ESCT rate is set on 1 April each year.

Gross Earnings

ESCT% Rate

$0 - $16,800

10.5%

$16,801 - $57,600

17.5%

$57,601 - $84,000

30%

$84,001 - upwards

33%

Report in this version:

Report in previous version:

See Also

Changes to the Payroll module v346.00

Employee Changes report

ACC Levy change

Student Loan increased

Removal of tax codes ML and MLSL

Student Loan Special Rate removed

Minimum Employee and Employer KiwiSaver contribution change

Removal of tax code of None

Tax Code displayed on employee Activity window

Dept column added to Transactions window

Employees' email addresses included in the Employee List report

Extra banking deduction

Delete emailed pay slips

Date Range on Leave Totals report

Changes to Employee Details window

Changes to Employee Pay Record report

Warning message when Sick Balance exceeds Max Sick Leave