Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
$72
Pay As You Earn (PAYE)
- $19.39
Accident Compensation Corporation (ACC)
- $0.96
Total tax
- $20.35
Net pay
* $51.65
Marginal tax rate
33.5%
Average tax rate
28.3%
71.7%
Net pay
28.3%
Total tax
Total tax
Net pay
The Taxberg
$51.65
Net pay
** $2.16
Tax the employer pays
$20.35
Tax you pay
Total tax paid
$22.51
Did you know your employer also pays tax on your salary? It costs the employer $2.16 to pay you $72. In other words, every time you spend $10 of your hard-earned money, $3.13 goes to the government.
Real tax rate
30.4%
So, with you and the employer both paying tax, what used to be a 28.3% tax rate now rises to 30.4%, meaning your real tax rate is actually 2.1% higher than what it seemed at first.
Summary
If you make $149,760 a year living in New Zealand, you will be taxed $42,333. That means that your net pay will be $107,427 per year, or $8,952 per month. Your average tax rate is 28.3% and your marginal tax rate is 33.5%. 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 $33.47, hence, your net pay will only increase by $66.53.
Bonus Example
A $1,000 bonus will generate an extra $665 of net incomes. A $5,000 bonus will generate an extra $3,327 of net incomes.
Europe
Country 
Net pay
Average tax
Rank
Russia
NZD 130291
13.0%
1
Hungary
NZD 122054
18.5%
2
Ukraine
NZD 120557
19.5%
3
Switzerland
NZD 118133
21.1%
4
Czech Republic
NZD 113541
24.2%
5
France
NZD 105367
29.6%
6
United Kingdom
NZD 104850
30.0%
7
Norway
NZD 100934
32.6%
8
Spain
NZD 98736
34.1%
9
Denmark
NZD 98377
34.3%
10
Ireland
NZD 96766
35.4%
11
Austria
NZD 92586
38.2%
12
Netherlands
NZD 91043
39.2%
13
Sweden
NZD 90923
39.3%
14
Poland
NZD 90826
39.4%
15
Luxembourg
NZD 88669
40.8%
16
Romania
NZD 87610
41.5%
17
Greece
NZD 87319
41.7%
18
Germany
NZD 84121
43.8%
19
Finland
NZD 80735
46.1%
20
Italy
NZD 80166
46.5%
21
Portugal
NZD 72659
51.5%
22
Belgium
NZD 65109
56.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
NZD 109069
27.2%
1
Canada
NZD 100945
32.6%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
NZD 129813
13.3%
1
Kazakhstan
NZD 123362
17.6%
2
Taiwan
NZD 122721
18.1%
3
Singapore
NZD 121794
18.7%
4
Thailand
NZD 115885
22.6%
5
South Korea
NZD 112177
25.1%
6
China
NZD 108563
27.5%
7
Australia
NZD 107785
28.0%
8
Indonesia
NZD 107479
28.2%
9
New Zealand
NZD 107427
28.3%
10
Japan
NZD 106068
29.2%
11
Pakistan
NZD 104851
30.0%
12
Malaysia
NZD 103188
31.1%
13
Philippines
NZD 102685
31.4%
14
Vietnam
NZD 100100
33.2%
15
India
NZD 84666
43.5%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
NZD 133853
10.6%
1
Chile
NZD 118780
20.7%
2
Costa Rica
NZD 117510
21.5%
3
Panama
NZD 111133
25.8%
4
Puerto Rico
NZD 110733
26.1%
5
Colombia
NZD 109800
26.7%
6
Brazil
NZD 109518
26.9%
7
Uruguay
NZD 109317
27.0%
8
Ecuador
NZD 107689
28.1%
9
Peru
NZD 104961
29.9%
10
Mexico
NZD 103735
30.7%
11
Argentina
NZD 97332
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
NZD 109241
27.1%
1
Kenya
NZD 105682
29.4%
2
Nigeria
NZD 102075
31.8%
3
Mozambique
NZD 101055
32.5%
4
Ghana
NZD 100740
32.7%
5
Ivory Coast
NZD 100185
33.1%
6
South Africa
NZD 98605
34.2%
7
Morocco
NZD 94544
36.9%
8
Cameroon
NZD 93249
37.7%
9
Zambia
NZD 92592
38.2%
10
Senegal
NZD 91775
38.7%
11
Uganda
NZD 88363
41.0%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
NZD 142272
5.0%
1
Qatar
NZD 142272
5.0%
2
Bahrain
NZD 137779
8.0%
3
Oman
NZD 137779
8.0%
4
Saudi Arabia
NZD 134784
10.0%
5
Kuwait
NZD 134568
10.1%
6
Egypt
NZD 112784
24.7%
7
Lebanon
NZD 112638
24.8%
8
Israel
NZD 105135
29.8%
9
Turkey
NZD 87543
41.5%
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.