NZ - Payroll Tax Tables 2020/2021

Owned by max.megele
Last updated: Mar 30, 2020
2 min read



The payroll tax tables have been released for the 2021 financial year (01 April 2020 to 30 March 2021) and are available from our website. You can find a link to download the tax tables and instructions on how to apply them below.

Download

The 2021 tax rates can be downloaded from the following location. The file is called TaxRates.txt

FY2021:

http://support.cda.com.au/Downloads/Other/Payroll/2021/

To download:

  1. Follow the above link to our website
  2. Right click on the TaxRates.txt file and select 'Save link as' (your browser may have a different option)
  3. Save the file to your preferred directory


Installation

IMPORTANT

This step should only be performed once you have completed all pays for the 2020 payroll year. If the tax rates are applied before the last pay is completed, then the 2021 rates may apply incorrectly to pays within the 2021 financial year.


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

  1. In Synergetic, go to Payroll  > Load Tax Rates
  2. Use the browse button to navigate to the location where you saved the TaxRates.txt file
  3. Select the file and click 'Open'


4. Confirm that the file path is correct, then click 'OK'


5. Confirm that the message mentions “1 April 2019 (FY 2021)” and then press 'Yes'


The tax rates will load and Synergetic will be updated with the new figures ready to use in your first FY 2021 pay.

Ensure that you have rolled your payroll into the 2021 financial year (Payroll > Create Next Payroll Year) before creating your first pay in 2021.


Questions?

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

Click here to create a Service Desk ticket.