Income tax calculator New Zealand

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
$43,000
Pay As You Earn (PAYE)
- $6,545
Accident Compensation Corporation (ACC)
- $598
Total tax
- $7,143
Net pay
* $35,857
Marginal tax rate
18.9%
Average tax rate
16.6%
83.4%
Net pay
16.6%
Total tax
Total tax
Net pay
The Taxberg
$35,857
Net pay
** $1,290
Tax the employer pays
$7,143
Tax you pay
Total tax paid
$8,433
Did you know your employer also pays tax on your salary? It costs the employer $1,290 to pay you $43,000. In other words, every time you spend $10 of your hard-earned money, $1.96 goes to the government.
Real tax rate
19.0%
So, with you and the employer both paying tax, what used to be a 16.6% tax rate now rises to 19.0%, meaning your real tax rate is actually 2.4% higher than what it seemed at first.
People also ask
$43,000 yearly is how much per hour?
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What is the average salary in New Zealand?
Summary
If you make $43,000 a year living in New Zealand, you will be taxed $7,143. That means that your net pay will be $35,857 per year, or $2,988 per month. Your average tax rate is 16.6% 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.
Tax per income
$43,500
$44,000
$44,500
$45,000
$45,500
$46,000
$46,500
$47,000
$47,500
$48,000
$48,500
$49,000
$49,500
$50,000
$50,500
$51,000
$51,500
$52,000
$52,500
$53,000
Europe
Country 
Net pay
Average tax
Rank
Switzerland
NZD 38780
9.8%
1
Ireland
NZD 38198
11.2%
2
United Kingdom
NZD 37719
12.3%
3
Russia
NZD 37410
13.0%
4
France
NZD 36582
14.9%
5
Norway
NZD 35439
17.6%
6
Hungary
NZD 35045
18.5%
7
Luxembourg
NZD 35017
18.6%
8
Austria
NZD 34736
19.2%
9
Ukraine
NZD 34615
19.5%
10
Spain
NZD 34354
20.1%
11
Czech Republic
NZD 33992
21.0%
12
Italy
NZD 31293
27.2%
13
Greece
NZD 30999
27.9%
14
Germany
NZD 30982
28.0%
15
Sweden
NZD 30981
28.0%
16
Poland
NZD 29549
31.3%
17
Denmark
NZD 28828
33.0%
18
Finland
NZD 28443
33.9%
19
Portugal
NZD 27708
35.6%
20
Netherlands
NZD 27059
37.1%
21
Belgium
NZD 25695
40.2%
22
Romania
NZD 25155
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
NZD 35808
16.7%
1
Canada
NZD 31914
25.8%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
NZD 40511
5.8%
1
Taiwan
NZD 38548
10.4%
2
Thailand
NZD 38160
11.3%
3
Australia
NZD 37775
12.2%
4
South Korea
NZD 36076
16.1%
5
New Zealand
NZD 35857
16.6%
6
Pakistan
NZD 34719
19.3%
7
Indonesia
NZD 34573
19.6%
8
Kazakhstan
NZD 34391
20.0%
9
Malaysia
NZD 34008
20.9%
10
Japan
NZD 34005
20.9%
11
Singapore
NZD 33967
21.0%
12
Philippines
NZD 32659
24.1%
13
Vietnam
NZD 31449
26.9%
14
China
NZD 30013
30.2%
15
India
NZD 28310
34.2%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
NZD 38877
9.6%
1
Puerto Rico
NZD 38107
11.4%
2
Costa Rica
NZD 38032
11.6%
3
Ecuador
NZD 36956
14.1%
4
Colombia
NZD 35729
16.9%
5
Panama
NZD 35301
17.9%
6
Chile
NZD 34652
19.4%
7
Mexico
NZD 33603
21.9%
8
Peru
NZD 32973
23.3%
9
Brazil
NZD 32117
25.3%
10
Uruguay
NZD 31198
27.5%
11
Argentina
NZD 27938
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
NZD 34328
20.2%
1
Mozambique
NZD 31621
26.5%
2
Angola
NZD 31573
26.6%
3
Kenya
NZD 30950
28.0%
4
Ghana
NZD 30118
30.0%
5
Ivory Coast
NZD 30104
30.0%
6
Morocco
NZD 29849
30.6%
7
Nigeria
NZD 29457
31.5%
8
Uganda
NZD 28443
33.9%
9
Cameroon
NZD 28249
34.3%
10
Senegal
NZD 27719
35.5%
11
Zambia
NZD 26935
37.4%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
NZD 40850
5.0%
1
Qatar
NZD 40850
5.0%
2
Bahrain
NZD 39560
8.0%
3
Oman
NZD 39560
8.0%
4
Saudi Arabia
NZD 38700
10.0%
5
Kuwait
NZD 38270
11.0%
6
Israel
NZD 36420
15.3%
7
Egypt
NZD 32714
23.9%
8
Lebanon
NZD 32568
24.3%
9
Turkey
NZD 25327
41.1%
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.