🇳🇿 NZ Salary Calculator 2025

Calculate your New Zealand take-home pay after PAYE income tax, ACC levy and KiwiSaver. Updated for 2025 tax rates.

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How New Zealand Income Tax Works (2025)

New Zealand uses a progressive PAYE (Pay As You Earn) income tax system. You pay tax only on income within each band, not on your entire salary. Your employer deducts tax and other levies automatically from every pay period.

2025 NZ Income Tax Bands

Annual IncomeRate
$0 – $14,00010.5%
$14,001 – $48,00017.5%
$48,001 – $70,00030%
$70,001 – $180,00033%
Over $180,00039%

ACC Earner Levy

The Accident Compensation Corporation (ACC) earner levy is 1.45% of liable earnings up to a maximum of $139,992 per year (2025). This funds New Zealand's no-fault accident compensation scheme, which covers medical treatment, rehabilitation and income replacement for anyone injured in an accident — regardless of fault.

KiwiSaver

KiwiSaver is New Zealand's voluntary workplace retirement savings scheme. Employees who are enrolled contribute 3%, 4%, 6%, 8% or 10% of their gross pay. Employers must match at least 3%. You can opt out within the first 56 days of starting a new job, or take a savings suspension. From age 65, you can withdraw your KiwiSaver balance.

Student Loan Repayments

If you have a New Zealand student loan, repayments are automatically deducted at 12% of income above the repayment threshold ($22,828 in 2025). Student loans in New Zealand are interest-free for NZ residents. Overseas borrowers are charged interest.

NZ Minimum Wage 2025

From 1 April 2025, the adult minimum wage is $23.15 per hour. Working 40 hours per week gives an annual salary of approximately $48,152, putting minimum wage earners in the 17.5% tax band. The starting-out and training minimum wage is $18.52/hour (80% of the adult rate).

Frequently Asked Questions

What are the NZ income tax rates for 2025?
10.5% on income up to $14,000; 17.5% on $14,001–$48,000; 30% on $48,001–$70,000; 33% on $70,001–$180,000; and 39% on income over $180,000. You only pay each rate on the income within that band, not on your full salary.
What is the ACC levy?
The ACC earner levy is 1.45% of your wages up to $139,992 per year. It funds the Accident Compensation Corporation scheme that provides no-fault accident cover for all New Zealanders. It's automatically deducted by your employer alongside PAYE tax.
Should I be enrolled in KiwiSaver?
Most financial advisors recommend staying in KiwiSaver. Your employer must contribute an additional 3% of your gross salary on top of your contribution — this is essentially free money. You're also eligible for a government contribution of up to $521/year if you contribute at least $1,043 annually. The long-term compound growth can significantly boost your retirement savings.
How is NZ student loan repayment calculated?
Student loan repayments are 12% of income above the repayment threshold of $22,828 per year (2025). On a $60,000 salary, repayments would be 12% × ($60,000 − $22,828) = 12% × $37,172 = $4,461/year or about $372/month.