Pay rise calculator 2026–27

See what a pay rise really adds to your monthly take-home pay after PAYE and any student loan.

Current salary

New salary

Your tax code

MME

ME claims the independent earner tax credit through your pay. Your tax code is on your payslip.

Student loan

I repay a student loan through my pay (SL)

Your pay rise, after tax

+$184.84

a month more in your pocket, from $4,345.17 to $4,530.01

2026–27 · tax code M

Rise before tax$3,250.00

You keep$2,218.12

Taken in deductions$1,031.88

Of your $3,250.00 rise68.2% kept

Kept $2,218.12PAYE (income tax and ACC earners' levy) $1,031.88

Compare rises

Different rises on $65,000

Rise	Before tax	After tax a year	A month (the year ÷ 12)	Kept
2%	$1,300.00	$887.25	$73.94	68.3%
3%	$1,950.00	$1,330.87	$110.91	68.2%
4%	$2,600.00	$1,774.50	$147.88	68.3%
5%	$3,250.00	$2,218.12	$184.84	68.2%
10%	$6,500.00	$4,436.25	$369.69	68.3%

How it is worked out

What these figures are, and what they are not

Income tax is charged on your income for the year on Inland Revenue's scale, from the first dollar, with no tax-free allowance. The ACC earners' levy is added to it and the independent earner tax credit, on an ME code, comes off it; together they are your PAYE. A student loan repayment is a share of your pay above the repayment threshold, and KiwiSaver is taken from your gross pay at the rate you choose.

Rules v2026.0 · checked against Inland Revenue on 17 September 2026Two independent checks on every rate · 102 hand-derived New Zealand cases, beside 1,703 generated Single official source: four rounding steps are stated only in Inland Revenue's payroll calculations and business rules specification, and the per-pay ACC earners' levy maximums and the 3-weekly student loan threshold only in its employer's guide (IR335). A second source is being sought, and they are reviewed again by 21 January 2027. · Changelog

Questions

Common questions

Will a pay rise push me into a higher tax band?

Only the part of your income inside each band is taxed at that band's rate. Your whole salary never moves into a higher band. On an ME code a rise can reduce the independent earner tax credit, which this page includes.

How is income tax worked out in New Zealand?

There is no tax-free allowance: income tax starts at 10.5% on the first dollar and rises through the scale's bands to 39% on income over $180,000. The ACC earners' levy of 1.75%, on earnings up to $156,641, is collected with it, and the two together are your PAYE.

What is the independent earner tax credit?

A credit of $520 a year that comes off your PAYE on an ME tax code, for income from $24,000 to $66,000. Above that it reduces until it reaches nothing at $70,000.

SourcesInland Revenue, Tax rates for individuals, 'Income tax rates' table 'From 1 April 2025'Inland Revenue, Payroll Calculations & Business Rules Specification 2026-27, sections 2.1 and 5.2 Inland Revenue, IR335 Employer's guide (September 2026), '2027 pay period repayment thresholds for main SL tax codes'Inland Revenue, IR340 April 2026, 2027 Weekly and fortnightly PAYE deduction tables, pages 3 and 4

MyNetIncome gives estimates, not tax or financial advice. Figures follow Inland Revenue's rules for the 2026–27 tax year; your payslip can differ because of your tax code, your pay dates or deductions this page does not ask about. Not affiliated with or endorsed by Inland Revenue.Estimates, not tax or financial advice. Your payslip can differ. Not affiliated with Inland Revenue.