New Zealand Tax Information
PAYE Tax
Pay As You Earn (PAYE) is New Zealand's progressive income tax system. Your income is taxed in brackets, with higher rates applying to portions of income above certain thresholds.
Your employer deducts PAYE tax from your salary or wages before you receive them, along with other deductions like ACC, Student Loan (if applicable), and KiwiSaver contributions.
Current Rates (TY_2025_26)
ACC Levy
The ACC earners' levy rate is 1.67% of your income up to $152,790.00 per year (maximum levy of $2,551.59).
Student Loan
If you have a student loan, you'll pay 12% of your income over the threshold of $24,128.00 per year.
KiwiSaver
You can choose to contribute 3%, 4%, 6%, 8%, 10% of your gross pay to KiwiSaver. Your employer must contribute at least 3%.
Year Comparison
| Tax Year | ACC Rate | ACC Cap | Student Loan Threshold |
|---|---|---|---|
| 2027/28 | 1.67% | $152,790.00 | $24,128.00 |
| 2026/27 | 1.67% | $152,790.00 | $24,128.00 |