NZ Take-Home Pay Calculator
See exactly how much lands in your bank account after PAYE, ACC, and student loans.
Note: Estimates are based on the new 2026 minimum wage figures. Rates typically increase every April.
⚠️ Legal Disclaimer: This tool provides an estimate only and does not constitute financial, tax, or legal advice.
Read full disclaimer
Frequently Asked Questions
Common clarifications and helpful advice for non-experts.
What is the ACC levy in 2026?
The ACC earners' levy for the 2025/26 year is 1.75% of your gross income, capped at a maximum liable income of $156,641.
Does this account for Student Loans?
Yes. If selected, the calculator applies the 12% deduction on everything you earn over the weekly threshold ($464 per week).
What is the Independent Earner Tax Credit (IETC)?
It is a tax credit of up to $10 per week for people earning between $24,000 and $70,000 who don't receive other government benefits.
Why does my first pay look lower than expected?
New employees are often on an 'Emergency' or 'Standard' tax code until their details are fully processed. Ensure you've submitted your IR330 form correctly.
What tax code should I use for my main job?
For your primary source of income, you typically use the 'M' tax code. If you have a student loan, it's 'M SL'.
How does secondary tax work if I have two jobs?
If you have a second job, you must use a secondary tax code (like S, SB, or SH) to ensure you don't underpay tax. This calculator can help estimate your total combined take-home pay.
What is the highest tax rate in New Zealand?
For the 2025/2026 tax year, the top marginal tax rate is 39% on any income earned over $180,000.
Why is my take-home pay lower than my gross salary partitioned by 52?
Your 'Gross' salary is before any deductions. Your 'Net' take-home pay is what's left after PAYE Income Tax, the ACC Levy, and KiwiSaver are removed.
Does this calculator include the 2026 tax bracket changes?
Yes, we have updated the logic to reflect the latest IRD tax thresholds and the mandatory 3.5% employer contribution rate.
External Resources
Make the most of your transition with these popular New Zealand resources.