Release notes: updates to Xero on 2 February 2016

Here's a summary of what we've released:

Yearly Compliance (NZ)

We've applied the relevant tax rate changes for the 2016/2017 tax year.

Summary of changes

  • The ACC Earner levy rate will be 1.39% (down from 1.45%).
  • The ACC maximum earnings threshold will be $122,063 (up from $120,070).
  • The maximum annual ACC Earner levy will be $1,696.67 (up from $1,741.01).

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List of previous releases