New legislation - 2006: Orders in Council (2006)
Payroll subsidy rate set by regulation
The Income Tax (Payroll Subsidy) Regulations 2006 come into force on 1 October 2006 and provide the calculation of the payroll subsidy to be paid to listed payroll intermediaries under section NBB 6 of the Income Tax Act 2004.
The subsidy will be paid in respect of employers who contract the services of a listed payroll intermediary. The regulations set the payroll subsidy at $2 per employee per pay day.
The regulations were made by Order in Council on 19 June 006.
(Income Tax (Payroll Subsidy) Regulations 2006 (2006/159))
Other pages in: Orders in Council (2006)
- Fees payable to the government actuary
- KiwiSaver Regulations
- KiwiSaver Act Commencement Order
- Forests (Payment of Money) Order 2006
- Student Loan Scheme - repayment threshold for the 2007-08 tax year
- New double tax agreements with Chile, Poland and Spain, new protocols to Australia and Singapore agreements
- Student loan interest rates for 2006-07
- Student loan interest rate formula
- Student loan scheme - repayment and interest write-off thresholds for the 2006-07 tax year
- Student loan scheme charitable organisations (Order in Council)
Date published: 11 Oct 2006
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