Your Total Income After Tax
|Salary Before Tax|
|Salary After Tax||Please enter salary|
Simply enter your annual or monthly income into the tax calculator above to find out how taxes in New Zealand affect your income. You'll then get a breakdown of your total tax liability and take-home pay.
- Salary Before Tax
- your total earnings before any taxes have been deducted. Also known as Gross Income.
- Salary After Tax
- the money you take home after all taxes and contributions have been deducted. Also known as Net Income.
Your Income Tax Breakdown
|Accident Compensation Corporation (ACC)|
|Total Tax Due||Please enter salary|
- Total Tax Due
- the sum of all taxes and contributions that will be deducted from your gross salary.
The deductions used in the calculator assume you are not married and have no dependants. You may pay less if tax credits or other deductions apply.
Taxation in New Zealand
- Income Tax
- is a gradual tax that has four brackets. The income tax in New Zealand starts at 10.5% for incomes up to 14,000 NZD and ends at 39% for wages greater than 180,000 NZD. The taxes are collected at a national level by the Inland Revenue Department (IRD) on behalf of the Government of New Zealand.
- Accident Compensation Corporation (ACC)
- is payed by all employees in order to cover the cost of non-work related injuries. It is collected by the Inland Revenue and it is 1.39% of your income.
The information presented here is based on the fiscal regulations in New Zealand in 2021. Visit ird.govt.nz for more details.
Financial Facts About New Zealand
The average monthly net salary in New Zealand (NZ) is around 3 117 NZD, with a minimum income of 2 157 NZD per month. This places New Zealand on the 22nd place in the International Labour Organisation statistics for 2012.
Employers in New Zealand usually deduct the relevant amount of tax from the salary through a pay-as-you-earn (PAYE) system. Taxes are deducted from the gross monthly salary and paid to the Inland Revenue Department (IRD) on behalf of the employee. The taxes include a progressive Income Tax and an Accident Compensation Corporation (ACC) levy.
New Zealand performs very well in many aspects regarding the well-being of its residents, occupying the 7th place in the Human Development Index (HDI) published by the United Nations in 2013. At the same time, NZ is also regarded as the least corrupt country in the world, according to the Transparency International corruption perceptions index (CPI) of 2011.
Tourism plays a significant role in New Zealand's economy, with more than 3 million tourists visiting the country every year. The Travel and Tourism Competitiveness Report published by the World Economic Forum in 2013 evaluates New Zealand as the second most friendly country in the world, after Iceland.