What is PAYE?
A pay-as-you-earn tax (PAYE) is a withholding tax on income payments to employees. Amounts withheld are treated as advance payments of income tax due. They are refundable to the extent they exceed tax as determined on tax returns. PAYE may include withholding the employee portion of insurance contributions or similar social benefit taxes. In most countries, they are determined by employers but subject to government review. PAYE is deducted from each paycheck by the employer and must be remitted promptly to the government.
Where are the official numbers?
Student Loan: https://www.ird.govt.nz/studentloans/owing/thresholds/
What makes this calculator special?
Besides calculating and comparing take home pay, paye.net.nz is unique in that you can adjust any of the variables which make up the tax equation. Not only is it an easy to use tool for the everyday person, you can also use it to simulate potential or historical tax changes.
For an overview of it's features, see the homepage.
When I enter my weekly income it calculates it as an hourly wage, can I fix this?
Yes. Adjust the hourly/weekly/annual income thresholds under "More Options > Advanced".
My PAYE value is different compared to the IRD calculator?
By default, this calculator applies the Independent Earners Tax Credit (IETC) for values which would qualify.
To disable this setting, go to "More Options" > "IETC" > then uncheck the box.
How do I calculate secondary tax?
Secondary income is calculated at a fixed rate based off your total income from all sources. The secondary tax rates are aligned with the main tax bands.
For example, if you earn a total of $50k from all sources of income and you secondary job earns $14k of that total. The $14k will need to be taxed at a fixed rate of 30%.
To adjust the calculator for this:
- Click on "More Options > PAYE" and adjust all of the tax rates to be "30".
- Now enter "14000" for your income and press "Calculate".
I'm a casual employee, how do I add extra for holiday pay?
Open "More Options > General" and check "Add Pre-tax Percentage", enter the rate you are paid for holidays.
Where does the "Where does my money go?" budget save my numbers?
The enetered values get saved to the local storage part of your browser. Deleting your cookies will delete the data.
Can I use this instead of my accountant?
No, you should only use this as a guide. You should consult your accountant for any financial advice.
I have a specific question regarding my employment...
Please contact https://www.employment.govt.nz for free advice regarding your personal employment situation.
Can I use this on my own or my client's website?
If you would like to host a copy of the full calculator on your own or your client's website, please see the license page for more information.
Can I advertise on your site?
Yes you can. Please see the advertise page for more information.
What's the deal with this URL thing?
You can create links to share which automatically run the calculator when the visitor follows the link.
There are four different variables you can use:
- Income q=[number] required
This is required for the link to work. It can be any hourly, weekly or annual before tax income.
- KiwiSaver k=[number] optional
The percentage you contribute towards KiwiSaver. The default assumes you have opted out.
- Student Loan l=y optional
Apply this if you have a student loan. The default assumes you don't have a loan.
- Hours worked per week h=[number] optional
The default assumes you work 40 hours per week.
For example, if you earn $42 per hour, work 45 hours per week, have a student loan and contrubte 3% towards KiwiSaver your URL would look like http://www.paye.net.nz.com?q=45&h=45&l=y&k=3
You can use the widget below to generate your own URLs to share.
Wasn't there a GST calculator around here somewhere too?
Yep... GST Calculator.
Do you have a changelog?
Who am I?
My name is Ben Colgate, I'm a UX/UI Designer.
Why build it?
I built my first take home pay calculator (using Flash) prior to my first full-time job. I wanted a simple way to calculate what my pay was going to be. When I was going to receive my first pay rise, I wanted to know the percentage increase it would be after tax. When a lot of Kiwis were flocking to Australia I wanted to see what I could be earning across the ditch. When two political parties were promising tax cuts leading into an election, I wanted to see what they were bribing me with.
So ultimately I built it for my own interests, but I'm happy to share it with the world.
Where do I submit feedback / make a comment / report a bug?
You can find my contact details on the contact page.
How can I help?
You can buy me a drink using the donate button below.