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There are three types of the minimum wage depending on the stage of worker: adult worker, starting out, or trainee/apprentice. [33] The minimum wage rates are reviewed every year and are gross amounts before tax. Since 1 April 2023, the adult minimum wage rate that applies to most employees aged 16 or over has been $22.70 an hour. [34]
Minimum Wage Act 1983: [13] sets out the legal framework for New Zealand Employees to receive a minimum wage. Minimum Wage Order 2022: [ 14 ] sets out the current minimum wage rates for employees, for the 2022 financial year.
Goods and services tax (GST) is an indirect tax introduced in New Zealand in 1986. This represented a major change in New Zealand taxation policy as until this point almost all revenue had been raised via direct taxes. GST makes up 24% of the New Zealand Government's core revenue as of 2013. [37]
Allocating NZ$27.3m to end the minimum wage exemption, which allows disabled people to be paid at rates lower than the minimum wage. [1] Investing NZ$20m to boost Covid-19 immunisation and screening coverage for Māori and Pasifika New Zealanders. [1]
The minimum wage is increased from $22.70 to $23.15 an hour. ... the two countries and that New Zealand would invest NZ$20.5 million ... Inland Revenue Department ...
General minimum wage by territory, as of February 2023. This is a list of the official minimum wage rates of the 193 United Nations member states and former members of the United Nations, also including the following territories and states with limited recognition (Northern Cyprus, Kosovo, etc.) and other independent countries.
In 2021-22, Inland Revenue collected $100.6 billion in tax revenue, [6] which helped pay for the services that all New Zealanders benefit from such as social security and welfare, health and education. Other services included law and order, housing and community development, environmental protection, defence, transport, and heritage, culture ...
Families paid by Inland Revenue received an average of $138 per week of tax-credits, an increase of $54 per week. [ 2 ] The Former Minister of Social Development and Employment David Benson-Pope stated that Working for Families had made beneficiaries better off by around $31.00 per week, and working families by around $64.00 per week, with the ...