Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
$29,254
Pay As You Earn (PAYE)
- $4,139
Accident Compensation Corporation (ACC)
- $407
Total tax
- $4,546
Net pay
* $24,708
Marginal tax rate
18.9%
Average tax rate
15.5%
84.5%
Net pay
15.5%
Total tax
Total tax
Net pay
Summary
If you make $29,254 a year living in New Zealand, you will be taxed $4,546. That means that your net pay will be $24,708 per year, or $2,059 per month. Your average tax rate is 15.5% and your marginal tax rate is 18.9%. 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 $18.89, hence, your net pay will only increase by $81.11.
Bonus Example
A $1,000 bonus will generate an extra $811 of net incomes. A $5,000 bonus will generate an extra $4,056 of net incomes.
Europe
Country 
Net pay
Average tax
Rank
Ireland
NZD 28991
0.9%
1
United Kingdom
NZD 28544
2.4%
2
Switzerland
NZD 27072
7.5%
3
France
NZD 25531
12.7%
4
Spain
NZD 25511
12.8%
5
Russia
NZD 25451
13.0%
6
Norway
NZD 25363
13.3%
7
Luxembourg
NZD 24917
14.8%
8
Austria
NZD 24724
15.5%
9
Hungary
NZD 23842
18.5%
10
Czech Republic
NZD 23820
18.6%
11
Ukraine
NZD 23549
19.5%
12
Italy
NZD 23476
19.8%
13
Germany
NZD 23023
21.3%
14
Greece
NZD 21919
25.1%
15
Sweden
NZD 21769
25.6%
16
Poland
NZD 20771
29.0%
17
Portugal
NZD 19834
32.2%
18
Finland
NZD 19622
32.9%
19
Denmark
NZD 19580
33.1%
20
Belgium
NZD 19222
34.3%
21
Netherlands
NZD 18410
37.1%
22
Romania
NZD 17114
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
NZD 25382
13.2%
1
Canada
NZD 21801
25.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
NZD 27770
5.1%
1
Australia
NZD 27158
7.2%
2
Thailand
NZD 26792
8.4%
3
Taiwan
NZD 26642
8.9%
4
South Korea
NZD 25328
13.4%
5
Pakistan
NZD 24914
14.8%
6
New Zealand
NZD 24708
15.5%
7
Indonesia
NZD 24542
16.1%
8
Malaysia
NZD 24519
16.2%
9
Japan
NZD 23579
19.4%
10
Singapore
NZD 23329
20.3%
11
Philippines
NZD 23327
20.3%
12
Kazakhstan
NZD 23256
20.5%
13
Vietnam
NZD 22205
24.1%
14
China
NZD 20656
29.4%
15
India
NZD 20502
29.9%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
NZD 26449
9.6%
1
Puerto Rico
NZD 26394
9.8%
2
Costa Rica
NZD 26182
10.5%
3
Ecuador
NZD 26004
11.1%
4
Colombia
NZD 25625
12.4%
5
Panama
NZD 24902
14.9%
6
Chile
NZD 23795
18.7%
7
Mexico
NZD 23593
19.4%
8
Peru
NZD 22629
22.7%
9
Uruguay
NZD 22338
23.6%
10
Brazil
NZD 22152
24.3%
11
Argentina
NZD 19003
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
NZD 24662
15.7%
1
Mozambique
NZD 21988
24.8%
2
Angola
NZD 21573
26.3%
3
Morocco
NZD 21422
26.8%
4
Kenya
NZD 21328
27.1%
5
Ivory Coast
NZD 21072
28.0%
6
Ghana
NZD 21025
28.1%
7
Nigeria
NZD 20107
31.3%
8
Cameroon
NZD 19879
32.1%
9
Uganda
NZD 19508
33.3%
10
Senegal
NZD 19291
34.1%
11
Zambia
NZD 18481
36.8%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
NZD 27791
5.0%
1
Qatar
NZD 27791
5.0%
2
Bahrain
NZD 26914
8.0%
3
Oman
NZD 26914
8.0%
4
Saudi Arabia
NZD 26329
10.0%
5
Kuwait
NZD 26036
11.0%
6
Israel
NZD 25407
13.2%
7
Egypt
NZD 22404
23.4%
8
Lebanon
NZD 22258
23.9%
9
Turkey
NZD 16670
43.0%
10
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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.