🇳🇿 New Zealand

Take-Home Pay Calculator New Zealand 2025/26

Calculate your after-tax pay with PAYE, ACC earners' levy, KiwiSaver contributions, and student loan repayments.

How often you receive your pay
Employee contribution rate
12% on income above $22,828/year
$
Total annual salary before deductions
--
Estimates based on 2025/26 IRD rates. PAYE + ACC + KiwiSaver + Student Loan. No tax-free threshold. Not tax advice.

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How to Use This Calculator

Tab "Salary"

Enter your annual gross salary, select your KiwiSaver rate, and indicate if you have a student loan. The calculator breaks down your pay into PAYE income tax, ACC earners' levy, KiwiSaver contribution, and student loan repayment, showing your annual and per-period take-home pay. Change the pay frequency to see your per-pay amount (weekly, fortnightly, or monthly).

Tab "Hourly"

Enter your hourly rate and hours per week. The calculator converts to annual gross (over 52 weeks), applies all deductions, and shows your effective net hourly rate — the real value of each hour worked after tax, ACC, and KiwiSaver.

Tab "Compare Rates"

Enter your salary and see a side-by-side comparison of all KiwiSaver contribution rates (opt-out through 10%). The table shows take-home pay vs. retirement savings for each rate, helping you find the right balance between pay now and savings for later.

The Formulas

Take-home pay:
Net pay = Gross salary - PAYE tax + IETC credit - ACC levy - KiwiSaver - Student loan

2025/26 PAYE tax brackets (no tax-free threshold):
$0 - $15,600: 10.5%
$15,601 - $53,500: 17.5%
$53,501 - $78,100: 30%
$78,101 - $180,000: 33%
$180,001+: 39%

ACC earners' levy:
1.60% on earnings up to $152,790

IETC (Independent Earner Tax Credit):
$520 for incomes $24,000-$44,000 (phases out $44K-$48K at $13 per $100)

KiwiSaver (employee contribution):
3% / 3.5% / 4% / 6% / 8% / 10% of gross salary

Student loan repayment:
12% on income above $22,828/year

All rates are for the 2025/26 tax year (1 April 2025 - 31 March 2026). New Zealand has no tax-free threshold — every dollar is taxed from the first dollar. The IETC is only available to earners not receiving Working for Families or other government benefits.

Example

Aroha — Marketing Manager in Auckland, Salary $75,000

KiwiSaver: 3.5%. No student loan. Pay frequency: fortnightly (26 pay periods).

Gross salary$75,000
PAYE income tax$14,020
IETC credit$0
ACC earners' levy$1,200
KiwiSaver (3.5%)$2,625
Student loan$0
Annual take-home$57,155
Fortnightly take-home$2,198

Aroha keeps about 76.2% of her gross salary. Her effective combined tax and deduction rate is 23.8%. The largest deduction is PAYE at $14,020, followed by KiwiSaver at $2,625. Her employer also contributes at least 3% ($2,250) to her KiwiSaver fund on top of her salary.

2025/26 NZ Tax Rates at a Glance

ItemRate / Limit
Tax-free threshold$0 (no tax-free threshold)
PAYE lowest rate10.5% (on $0-$15,600)
PAYE top rate39% (over $180,000)
ACC earners' levy1.60% on max $152,790
IETC$520 for $24K-$48K income
KiwiSaver rates3% / 3.5% / 4% / 6% / 8% / 10%
Employer KiwiSaver (min)3% compulsory
Student loan repayment12% on income above $22,828
Minimum wage$23.15/hr (from 1 April 2025)

Frequently Asked Questions

On a $75,000 salary in NZ, you would pay approximately $14,020 in PAYE income tax and $1,200 in ACC levy. With 3% KiwiSaver ($2,250), your take-home would be around $57,530 per year. If you also have a student loan, add another $6,261 in repayments, bringing take-home to about $51,269. Your IETC credit is $0 as it phases out above $48,000.
Unlike Australia, the UK, or Canada, New Zealand taxes all income from the first dollar. There is no personal allowance or basic personal amount. Instead, NZ has a relatively low bottom tax rate of 10.5% (compared to most countries' first bracket). The IETC provides some relief for middle-income earners ($24K-$48K) who don't receive government benefits, worth up to $520 per year.
It depends on your financial goals. Higher KiwiSaver rates reduce your take-home pay but build retirement savings faster. Your employer must match at least 3% regardless of your rate — so contributing at least 3% ensures you get the full employer match. The government also provides a member tax credit of up to $521/year for contributing members. Use the "Compare Rates" tab to see exactly how each rate affects your take-home vs. retirement savings.
The ACC (Accident Compensation Corporation) earners' levy funds New Zealand's no-fault accident compensation scheme. For 2025/26, the rate is approximately 1.60% of your liable earnings up to $152,790. It covers you for personal injuries whether at work, home, or anywhere else. Your employer also pays a separate work levy. The earners' levy is automatically deducted from your pay — you cannot opt out.
This calculator covers primary employment income only using the standard M tax code. If you have a second job, you may use a different tax code (S, SH, ST, SA, etc.) which applies a flat rate to that secondary income. Since NZ moved to a cumulative PAYE system, secondary tax is designed to approximate your correct marginal rate, but your actual obligation depends on your total income across all sources. File an IR3 return if your tax was over- or under-deducted.

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