Advertisement
🇳🇿

New Zealand PAYE Calculator 2021

Calculate PAYE, ACC, KiwiSaver & Net Pay

Introduction

🎯 What

New Zealand PAYE Calculator 2021 estimates Pay As You Earn (PAYE) income tax, ACC earner levy, and student loan repayment deductions for the 2021 tax year.

👥 Who

Employees, employers, and payroll administrators needing accurate 2021 tax calculations.

💡 Why

To enable accurate payroll planning, understand tax liabilities, and verify payslip deductions.

💰 Income Details

📋 Deductions

Negative value for tax credit (refund), positive for deduction.

Payslip Summary

Net Pay

$0.00

Annual

Gross Income: $0.00
PAYE Tax: $0.00
ACC Levy: $0.00
KiwiSaver: $0.00
Student Loan: $0.00
Advertisement

Tax Rates 2021

PAYE Tax Brackets

  • $0 - $14,000: 10.5%
  • $14,001 - $48,000: 17.5%
  • $48,001 - $70,000: 30%
  • $70,001 - $180,000: 33%
  • Over $180,000: 39%

Other Rates

  • ACC Earner Levy: 1.39% (capped at $130,911 earnings)
  • Student Loan: 12% on income over threshold ($20,020*)
  • *Threshold based on 2021 tax year specifics.

Calculation Examples

Example 1: $50,000 Income

PAYE breakdown:

  • $14,000 @ 10.5% = $1,470
  • $34,000 @ 17.5% = $5,950
  • $2,000 @ 30% = $600

Total Tax: $8,020

Frequently Asked Questions

Q: Who pays PAYE?

A: All employees earning salary/wages in NZ.

Q: Include KiwiSaver?

A: Yes, employee contributions are deducted from gross pay.

Q: Is ACC included?

A: ACC Earner Levy is separate but usually deducted alongside PAYE.

Q: Is this official?

A: No, for informational purposes only.

⚠️ DISCLAIMER: This New Zealand PAYE Calculator 2021 is for informational purposes only. Rates and rules are based on NZ IRD 2021 guidelines. ANTIGRAVITY does not provide legal, accounting, or financial advice.