Thread: Simply can't afford to live in NZ
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Old 03-05-2007, 01:38 PM
ExPat ExPat is offline
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Quote:
Originally Posted by KiwiHopeful View Post
Duane--

I found this tax calculator from Inland Revenue. Put in a figure and it gives you your total tax. On $100,000 NZD the rate comes out to roughly 30%.
I would imagine that this is strictly for the salary portion. Add 12.5% GST and property "rates" and you're really above 40% taxation.

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