NZ Tax Information
Current rates and thresholds for New Zealand PAYE, ACC, KiwiSaver & Student Loans
PAYE Tax Brackets — 2026/27
New Zealand uses a progressive tax system. Each bracket rate only applies to income within that band — not your whole salary.
| Income Band | Tax Rate | Tax on Band |
|---|---|---|
| $0 – $15,600 | 10.5% | $1,638.00 |
| $15,600 – $53,500 | 17.5% | $6,632.50 |
| $53,500 – $78,100 | 30.0% | $7,380.00 |
| $78,100 – $180,000 | 33.0% | $33,627.00 |
| $180,000 + | 39.0% | — |
* The top bracket applies to all income above $180,000.
ACC Levy
The ACC earners' levy funds New Zealand's accident compensation scheme. It's deducted from your pay alongside PAYE.
Student Loan
Student loan repayments are deducted automatically from your pay if you earn over the repayment threshold.
KiwiSaver
KiwiSaver is New Zealand's voluntary workplace retirement savings scheme. Both you and your employer contribute.
Employer minimum contribution is 3%. The default employee rate increases to 3.5% from 1 April 2026, then 4% from 1 April 2028 (Budget 2025).
Year-on-Year Comparison
| Tax Year | ACC Rate | ACC Cap | Student Loan Threshold | SL Rate |
|---|---|---|---|---|
| 2027/28 | 1.83% | $160,244 | $24,128 | 12% |
| 2026/27 current | 1.75% | $156,641 | $24,128 | 12% |
| 2025/26 | 1.67% | $152,790 | $24,128 | 12% |
| 2024/25 | 1.60% | $142,283 | $24,128 | 12% |