New Zealand
Sources and data for New Zealand
Every value the calculators use, with its effective dates and a link to the official source.
Income tax rates for individuals
- Current value
Table with 5 brackets
$0 / $15,600 10.5% $15,600 / $53,500 17.5% $53,500 / $78,100 30% $78,100 / $180,000 33% $180,000 + 39% - From
- 1 April 2025
- Checked on
- 14 October 2026
ACC earners' levy rate (includes GST)
- Current value
- 1.75%
- From
- 1 April 2026
- Until
- 31 March 2027
- Checked on
- 14 October 2026
Maximum liable earnings for the ACC earners' levy
- Current value
- $156,641
- From
- 1 April 2026
- Until
- 31 March 2027
- Checked on
- 14 October 2026
Student loan annual repayment threshold
- Current value
- $24,128
- From
- 1 April 2024
- Source
- Inland RevenuePayroll Calculations and Business Rules Specification, 1 April 2026 to 31 March 2027
- Checked on
- 14 October 2026
Student loan repayment rate
- Current value
- 12%
- From
- 1 April 2024
- Source
- Inland RevenuePayroll Calculations and Business Rules Specification, 1 April 2026 to 31 March 2027
- Checked on
- 14 October 2026
Independent earner tax credit, full amount a year
- Current value
- $520
- From
- 1 April 2025
- Checked on
- 14 October 2026
IETC lower income threshold
- Current value
- $24,000
- From
- 1 April 2025
- Checked on
- 14 October 2026
IETC abatement starts
- Current value
- $66,000
- From
- 1 April 2025
- Checked on
- 14 October 2026
IETC upper income threshold
- Current value
- $70,000
- From
- 1 April 2025
- Checked on
- 14 October 2026
IETC abatement rate
- Current value
- 13%
- From
- 1 April 2025
- Checked on
- 14 October 2026
KiwiSaver compulsory employer contribution rate
- Current value
- 3.5%
- From
- 1 April 2026
- Until
- 31 March 2028
- Source
- Inland RevenuePayroll Calculations and Business Rules Specification, 1 April 2026 to 31 March 2027
- Checked on
- 14 October 2026
KiwiSaver default employee contribution rate
- Current value
- 3.5%
- From
- 1 April 2026
- Until
- 31 March 2028
- Source
- Inland RevenuePayroll Calculations and Business Rules Specification, 1 April 2026 to 31 March 2027
- Checked on
- 14 October 2026
KiwiSaver temporary rate reduction (stay on the old rate)
- Current value
- 3%
- From
- 1 April 2026
- Source
- Inland RevenuePayroll Calculations and Business Rules Specification, 1 April 2026 to 31 March 2027
- Checked on
- 14 October 2026
Employer superannuation contribution tax (ESCT) rate thresholds
- Current value
Table with 5 brackets
$0 / $18,720 10.5% $18,720 / $64,200 17.5% $64,200 / $93,720 30% $93,720 / $216,000 33% $216,000 + 39% - From
- 1 April 2025
- Source
- Inland RevenuePayroll Calculations and Business Rules Specification, 1 April 2026 to 31 March 2027
- Checked on
- 14 October 2026
KiwiSaver government contribution per dollar saved
- Current value
- 25%
- From
- 1 July 2025
- Checked on
- 14 October 2026
Maximum KiwiSaver government contribution a year (1 July to 30 June)
- Current value
- $260.72
- From
- 1 July 2025
- Checked on
- 14 October 2026
Own contributions needed for the full government contribution
- Current value
- $1,042.86
- From
- 1 July 2025
- Checked on
- 14 October 2026
Taxable income above which there is no government contribution
- Current value
- $180,000
- From
- 1 July 2025
- Checked on
- 14 October 2026
GST rate
- Current value
- 15%
- From
- 1 April 2025
- Checked on
- 14 October 2026
Minimum wage per hour (before tax)
- Current value
- Adult minimum wage $23.95
- Starting-out minimum wage $19.16
- Training minimum wage $19.16
- From
- 1 April 2026
- Until
- 31 March 2027
- Checked on
- 14 October 2026
Annual holidays after 12 months of continuous employment
- Current value
- 4
- From
- 1 April 2025
- Checked on
- 14 October 2026
Pay-as-you-go holiday pay and holiday pay on leaving before 12 months
- Current value
- 8%
- From
- 1 April 2025
- Checked on
- 14 October 2026
Minimum pay for working on a public holiday (time and a half)
- Current value
- 1.5
- From
- 1 April 2025
- Checked on
- 14 October 2026
Maximum public holidays a year
- Current value
- 12 days
- From
- 1 April 2025
- Checked on
- 14 October 2026
Paid sick leave days a year
- Current value
- 10 days
- From
- 1 April 2025
- Checked on
- 14 October 2026
Maximum sick leave balance
- Current value
- 20 days
- From
- 1 April 2025
- Checked on
- 14 October 2026
Months of continuous employment before sick leave starts
- Current value
- 6 months
- From
- 1 April 2025
- Checked on
- 14 October 2026
Maximum parental leave payment a week (before tax)
- Current value
- $811.05
- From
- 1 July 2026
- Until
- 30 June 2027
- Checked on
- 14 October 2026
Minimum parental leave payment a week for self-employed people
- Current value
- $239.50
- From
- 1 July 2026
- Until
- 30 June 2027
- Checked on
- 14 October 2026
Weeks of parental leave payments
- Current value
- 26
- From
- 1 July 2025
- Checked on
- 14 October 2026
Bright-line period for residential property sold on or after 1 July 2024
- Current value
- 2 years
- From
- 1 July 2024
- Checked on
- 14 October 2026
NZ Super a fortnight before tax
- Current value
- Single, living alone or with a dependent child $1,294.74
- Single, sharing accommodation $1,191.14
- Couple, each partner $984.28
- From
- 1 April 2026
- Until
- 31 March 2027
- Checked on
- 14 October 2026
NZ Super a fortnight after tax at the M tax code
- Current value
- Single, living alone or with a dependent child $1,110.30
- Single, sharing accommodation $1,024.90
- Couple, each partner $854.08
- From
- 1 April 2026
- Until
- 31 March 2027
- Checked on
- 14 October 2026
ACC weekly compensation as a share of earnings before the injury
No verified figure for today
Maximum ACC weekly compensation (before tax)
No verified figure for today
Values that update automatically
Consumers price index (CPI), all groups, June 2017 quarter = 1000
- Current value
- 1,368
- Latest figure
- 1 September 2026
Official Cash Rate (OCR)
- Current value
- 2.75%
- Latest figure
- 2 September 2026