Summary
If you make $20,212,920 a year living in New Zealand, you will be taxed $7,865,152. That means that your net pay will be $12,347,768 per year, or $1,028,981 per month. Your average tax rate is 38.9% and your marginal tax rate is 39.0%. 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 $39, hence, your net pay will only increase by $61.
Bonus Example
A $1,000 bonus will generate an extra $610 of net incomes. A $5,000 bonus will generate an extra $3,050 of net incomes.