We've added support for STC tax codes in Tanda Payroll NZ. STC (Special Tax Code) is a New Zealand tax code that allows employers to apply a custom tax rate instead of the standard PAYE rates for employees in special tax circumstances, such as student loan repayments.
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To do so, navigate to the Tax Information section of a user’s Staff Profile, then set the relevant tax code using the Tax Code dropdown menu. Click SAVE to apply your changes.
From here, the relevant tax tables will apply:
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To learn more, visit our Tanda Payroll NZ help centre.