NZ - Payroll Tax Tables 2022/2023


The payroll tax tables have been released for the 2023 financial year (01 April 2022 to 31 March 2023) and are available below. You can find a link to download the tax tables and instructions on how to apply them below.

Downloading the tax rates file

To download the tax rates file:

  1. Click the following link:

    TaxRates.txt

  2. Click the Download button on the file preview screen.



  3. Save the file to your preferred file directory.


Loading the tax rates

IMPORTANT

This step should only be performed once you have completed all pays for the 2022 payroll year. If the tax rates are applied before the last pay is completed, then the 2023 rates may apply incorrectly to pays within the 2022 financial year.

After downloading the tax rates file, the new rates can be loaded into Synergetic.

To load the tax rates into Synergetic:

  1. Select Module > Payroll > Load Tax Rates.
    The Load Payroll Tax Rates window is displayed.



  2. Click .
  3. Navigate to the file directory where you saved the TaxRates.txt file.



  4. Select the file.
  5. Click .
    The file path is loaded into the Load from Directory field.



  6. Check the file path is correct.
  7. Click .
    The Confirm window is displayed.



  8. Confirm that the message mentions “1 April 2022 (FY 2023)”.
  9. Click .
    The tax rates will load and Synergetic will be updated with the new figures ready to use in your first FY 2023 pay.

    You must ensure that you have rolled your payroll into the 2023 financial year before creating your first pay in 2023. See Creating a new payroll year.


Questions?

We are happy to assist if you have any questions regarding the above information.

Click here to create a Service Desk ticket.