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NZ Payroll: EOFY Changes 2026

This article covers New Zealand Payroll changes for the 2026 financial year, including updates to KiwiSaver contributions, ACC earners' levy rate increases and base rate changes.

Updated this week

These will be live in your account in Tanda Payroll for any pay runs with a payment date on or after April 1st.

KiwiSaver Changes

If you’re contributing at the default rate of 3%, this will automatically rise to 3.5% for both employee and employer contributions. The Inland Revenue Department article here outlines this in more detail.

Tanda will update any employee with an employee or employer mandatory contribution of 3% to the increased 3.5% at the time a pay run is created with a payment date on/after April 1st 2026. Anybody with a non-3% rate has not been updated.

For a detailed outline of your employee/employer current KiwiSaver contributions, go to Payroll > Payroll Settings > Import/Export and download the Kiwi Saver Details file.

📝 Any staff with a temporary rate reduction will currently have their rate set to 3.5%. Reductions to this rate can be done either in their profile or in bulk through the Import/ Export feature.

Base Rate Changes

The adult minimum wage will rise to $23.95 an hour from 1 April 2026. The Ministry of Business, Innovation and Employment help article here outlines this in more detail.

We will not automatically update minimum wage rates at EOFY, as identifying eligible employees on the minimum hourly rate and applying automatic changes cannot be done with 100% certainty. These will need to be updated manually, as Tanda does not provide automation for this on your behalf.

To learn how to update your employee's base rates in bulk, see this help article.

ACC earners' levy rates increases

These have been updated in line with the amounts outlined by the Inland Revenue Department here. There are no changes necessary, these are automated for any pay runs with a payment date on/ after April 1st.

EOFY Reconciliation

Some helpful reports for your EOFY reconciliation include:

  • Tax Summary report - Useful for account-level information sent to the IRD. Filter to a specific time period, or to the full year, depending on what you're reconciling against.

  • Activity Details report - Used for an employee-level confirmation of all payslip items used throughout the financial year.

  • Employee Summary report - Used to show summarised information on the employee level.

For any questions, feel free to reach out to payrollsupport@tanda.co

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