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Primary Tax Code — 'ME SL'

What Is Tax Code 'ME SL'?

An employee is to use the ME SL tax code if they meet a combination of the following criteria, and also HAVE a student loan:

  • They receive an income-tested benefit.
  • This job is their main or highest source of income.
  • They are New Zealand tax residents.
  • Their annual income is unlikely to be between NZ$ 24,000 and NZ$ 48,000.
  • Either they or their partner receive Working for Families Tax Credit.

 

Example:

Zoe works 40 hours a week with a total annual income of approximately NZ$ 39,000. Mary doesn’t have a partner and doesn’t receive any government support, but she has a student loan. She uses the ME SL tax code.

 

NOTE: Only one primary tax code can be used.

 

If your employee is under the wrong tax code, they're going to end up with a big tax bill at the end of the year. Ensure that your workers notify you whenever their circumstances change.

 


 

Where to Find & Enter Tax Code 'ME SL'?

 

1.  After logging in, go to your Dashboard

 

2.  Click Employees tab on the left.

 

3.  Select an employee from the list.

 

4.  Click the Tax tab below the Personal tab.

 

5.  Select Tax Code M SL from the drop-down list.

 

Screengrab sample:

IInland Revenue Tax Code M

 


 

Click A Tax Code To Proceed

 

IRD Tax Code M IRD Tax Code M SL IRD Tax Code ME IRD Tax Code M
IRD Tax Code SB & SB SL IRD Tax Code S & SL IRD Tax Code SH & SH SL IRD Tax Code ST & ST SL
IRD Tax Code SLCIR IRD Tax Code SLBOR IRD Tax Code ND IRD Tax Code WT
IRD Tax Code NSW IRD Tax Code EDW IRD Tax Code CAE IRD Tax Code STC