New Zealand PAYE Calculator 2023
Calculate your PAYE, ACC, KiwiSaver and Net Salary for 2023 Tax Year.
Introduction
🎯 What
PAYE (Pay As You Earn) is New Zealand's withholding tax system where employers deduct income tax, ACC levies, and other contributions from employee salaries before payment.
👥 Who
All employees, payroll staff, employers, accountants, and financial officers in New Zealand who need to calculate or understand salary deductions and net pay.
💡 Why
To accurately calculate income tax deductions, ensure compliance with IRD tax law, plan take-home pay, and assist in payroll processing.
💰 Income Details
Calculated on earnings up to $136,544 for 2023
📋 Deductions & Contributions
Deducted from gross salary
Calculated as 12% of income above threshold ($21,268 for 2023)
Payslip Summary
Net Pay
$0.00
Annual
2023 Tax Rates & Thresholds
PAYE Tax Slabs
| Income Range | Tax Rate |
|---|---|
| Up to $14,000 | 10.5% |
| $14,001 - $48,000 | 17.5% |
| $48,001 - $70,000 | 30% |
| $70,001 - $180,000 | 33% |
| Over $180,000 | 39% |
Deductions & Levies
- ACC Earner Levy: 1.46%
- ACC Cap (2023): $136,544
- Student Loan Threshold: $21,268
- Student Loan Rate: 12%
Calculation Examples
Example 1: Standard Salary
Salary: $60,000 | KiwiSaver: 3%
ACC Levy: $876
KiwiSaver: $1,800
Net Pay: $46,844
Example 2: With Student Loan
Salary: $45,000 | KiwiSaver: 4%
Student Loan: ($45k - $21,268) * 12% = $2,847.84
Net Pay: Reduced accordingly
Frequently Asked Questions
Q: What is PAYE?
A: Pay As You Earn is income tax deducted automatically from salary/wages.
Q: Who pays PAYE?
A: Employees earning wages or salaries in New Zealand.
Q: Is PAYE progressive?
A: Yes, higher income is taxed at higher rates per slab.
Q: Can deductions reduce PAYE?
A: Yes, pre-tax deductions and KiwiSaver contributions can reduce taxable income in some contexts, though PAYE is generally on gross.
Q: Is this calculator official?
A: No, it is for informational and educational purposes only.
⚠️ DISCLAIMER: This New Zealand PAYE Calculator 2023 is for informational and educational purposes only. Rates and rules are based on IRD 2023 guidelines. ANTIGRAVITY does not provide legal, accounting, or financial advice.