Take-Home Pay Calculator NZ

Gross pay versus take-home pay

Gross pay is the number on your offer letter or employment agreement, the full amount before anything is deducted. Take-home pay (also called net pay) is what's actually deposited into your bank account after your employer withholds PAYE income tax, the ACC earner's levy, your KiwiSaver contribution if you're enrolled, and student loan repayments if they apply to you.

The gap between the two can be significant. On a $75,000 salary with the 3.5% KiwiSaver minimum and no student loan, take-home pay works out to roughly $56,342 a year, around 75% of the gross figure. Enter your own numbers above to see the exact gap for your situation.

What comes out of your pay, in order

Four things can reduce a New Zealand payslip from gross to net:

• PAYE income tax, calculated across five stepped brackets from 10.5% to 39% for the 2026/27 year
• The ACC earner's levy, a flat 1.75%, capped once your income passes $156,641 a year
• Your KiwiSaver contribution, if you're enrolled, at a rate you choose between 3.5% and 10%
• Student loan repayments, 12% of anything you earn above the $24,128 annual threshold, if you have a loan

Take-home pay at a few common salaries

These figures assume the 3.5% KiwiSaver minimum and no student loan, so you can compare your own situation against a baseline. Choosing a higher KiwiSaver rate, or having a student loan, will lower your take-home figure further; use the calculator above to see your exact number.

Weekly and fortnightly figures are the annual take-home pay divided evenly across the year; your actual pay date amount may vary slightly depending on how your employer's payroll rounds each period.

How a student loan changes your take-home pay

A student loan doesn't change your income tax. It's a separate deduction, 12% of everything you earn above $24,128 a year, taken out after tax, ACC and KiwiSaver. On a $75,000 salary, for example, that's 12% of $50,872 (the amount above the threshold), which is $6,104.64 a year, or roughly $117 a week, on top of the other deductions already covered above.

Tick the student loan box in the calculator to see this added to your own numbers. If you'd rather look at income tax on its own, separate from ACC, KiwiSaver and student loan repayments, the tax calculator isolates just that part of your payslip.

Take-home pay and budgeting around pay frequency

How often you're paid changes how take-home pay feels day to day, even when the underlying annual amount is identical. Someone paid weekly sees smaller, more frequent deposits, which can make it easier to track spending against a tight budget but harder to save toward larger, infrequent bills. Someone paid monthly sees a single larger deposit, which suits people who prefer to budget once a month but can make the gap before the first payday feel longer when starting a new job.

A common budgeting approach in New Zealand is to divide fixed monthly costs, rent, insurance, subscriptions, by the number of pay periods in a month, so a fixed cost is set aside consistently regardless of whether you're paid weekly, fortnightly or monthly. The calculator above shows your take-home figure in whichever period you choose, which makes it easier to line up against bills billed in a different frequency.

Paid hourly instead of an annual salary?

Everything above assumes a salary or a regular wage. If your pay is quoted as an hourly rate and you want to see it converted into a weekly, fortnightly, monthly or yearly figure before working out tax and take-home pay, the wage calculator is built specifically for that conversion. You can also select "Hourly" directly in the calculator above and enter your usual weekly hours, and it will do the same conversion automatically before showing your take-home figure. For the full PAYE, ACC and KiwiSaver breakdown from the start, see the main salary calculator.