Income Tax Calculator New Zealand

Find out how much your salary is after tax

Enter your gross income

Salary rate

Withholding

Salary $11,667

Accident Compensation Corporation (ACC) - $162

Social Solidarity Contribution (CSS) - $1,225

Total tax - $1,387

Net pay * $10,280

Marginal tax rate 11.9%

Average tax rate 11.9%

11.9%Total tax

88.1%

Net pay

The Taxberg

$10,280

Net pay

$350

Tax the employer pays

$1,387

Tax you pay

Total tax paid

$1,737

Did you know your employer also pays tax on your salary? It costs the employer $350 to pay you $11,667. In other words, every time you spend $10 of your hard-earned money, $1.49 goes to the government.

Real tax rate

14.5%

So, with you and the employer both paying tax, what used to be a 11.9% tax rate now rises to 14.5%, meaning your real tax rate is actually 2.6% higher than what it seemed at first.

Summary

Si vous gagnez un salaire brut de $11,667 par an en New Zealand, vous serez imposé de $1,387. Cela signifie que votre salaire net sera de $10,280 par an, ou $857 par mois. Votre taux d'imposition moyen est 11.9% et votre taux d'imposition marginal est 11.9%. Ce taux d'imposition marginal signifie que votre revenu supplémentaire immédiat sera imposé à ce taux. Par exemple, une augmentation de $100 à votre salaire sera imposé de $11.9, par conséquent, votre salaire net augmentera seulement de $88.1.

Bonus Example

A $1,000 bonus will generate an extra $881 of net incomes. A $5,000 bonus will generate an extra $4,405 of net incomes.

Tax per income

$11,500$12,000$12,500$13,000$13,500$14,000$14,500$15,000$15,500$16,000$16,500$17,000$17,500$18,000$18,500$19,000$19,500$20,000$20,500$21,000

NOTE* Withholding is calculated based on the New Zealand tables of NZ, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.