Income tax calculator New Zealand
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
$1,385
Pay As You Earn (PAYE)
- $145
Accident Compensation Corporation (ACC)
- $19.25
Total tax
- $165
Net pay
*
$1,220
Marginal tax rate
11.9%
Average tax rate
11.9%
88.1%
Net pay
11.9%
Total tax
Total tax
Net pay
The Taxberg
$1,220
Net pay
** $41.55
Tax the employer pays
$165
Tax you pay
Total tax paid
$206
Did you know your employer also pays tax on your salary? It costs the employer $41.55 to pay you $1,385. 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
If you make $1,385 a year living in New Zealand, you will be taxed $165. That means that your net pay will be $1,220 per year, or $102 per month. Your average tax rate is 11.9% and your marginal tax rate is 11.9%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of $100 in your salary will be taxed $11.89, hence, your net pay will only increase by $88.11.
Bonus Example
A $1,000 bonus will generate an extra $881 of net incomes. A $5,000 bonus will generate an extra $4,406 of net incomes.
North America
Country
Net pay
Average tax
Rank
Canada
NZD 1345
2.9%
1
USA
NZD 1265
8.7%
2
Africa
Country
Net pay
Average tax
Rank
South Africa
NZD 1371
1.0%
1
Zambia
NZD 1302
6.0%
2
Uganda
NZD 1301
6.0%
3
Morocco
NZD 1292
6.7%
4
Ivory Coast
NZD 1270
8.3%
5
Senegal
NZD 1239
10.6%
6
Kenya
NZD 1208
12.8%
7
Ghana
NZD 1187
14.3%
8
Mozambique
NZD 1177
15.0%
9
Cameroon
NZD 1169
15.6%
10
Angola
NZD 1098
20.7%
11
Nigeria
NZD 1084
21.7%
12
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NOTE* Deductions are calculated based on the tables of New Zealand, 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.
NOTE** Voluntary deduction related to an employee who has joined a KiwiSaver scheme. As it is optional, it was not included in the withholding tax in the section above. The amount displayed is a potential employer contribution for an employee with a KiwiSaver scheme.
NOTE** Voluntary deduction related to an employee who has joined a KiwiSaver scheme. As it is optional, it was not included in the withholding tax in the section above. The amount displayed is a potential employer contribution for an employee with a KiwiSaver scheme.