Kiwi saver scheme - 3%
Accident compensation levy - depends on industry
Fringe benefits tax - 11.73% - 63.93% (only if offering fringe benefits)
KiwiSaver - minimum 3% if participating
Accident compensation levy - 1.46%
|GROSS INCOME||PROGRESSIVE TAX RATE|
|Up to $14,000||10.5%|
|$14,001 - $48,000||17.5%|
|$48,001 - $70,000||30%|
|$70,001 - $180,000||33%|
Paternity leave: In New Zealand, it's known as a partner's leave and is available to the partner of the mother regardless of their gender. 1-2 weeks of unpaid leave determined by length of employment
Sick leave: 10 days
Bereavement leave: three days of paid bereavement leave upon a close family member's death
Maternity leave: In New Zealand, it's known as primary carer leave. 26 weeks of paid primary carer leave and 4-26 weeks of unpaid leave
HQ country employment & payroll
Direct local employer setup
Partnering with an Employer of Record New Zealand /full-service Professional Employer Organisation
As with every other country, there are certain costs associated with employing a worker in New Zealand that come on top of the gross salary you are offering. A New Zealand employer must contribute to the employer superannuation contribution tax. To view the exact percentages and amounts given the salary you are planning to offer, you can use our handy calculator tool.
Boundless, as the Employer of Record New Zealand, files all pertinent taxes, New Zealand pension plan contributions and other contributions to the social system in order for the New Zealand employee to be compliant.
Any new employee that is locally employed through an Employer of Record gets full employment rights and benefits as specified in New Zealand employment law. They get a locally compliant employment agreement, statutory maternity leave, annual leave, social security benefits, any relevant tax credit, and many more.
In New Zealand, both employers and employees have to pay taxes. For employers, these include the Kiwi saver scheme, Accident compensation levy and the taxes on fringe benefits if offered to employees. For employees, these are Kiwi saver contributions, accident compensation levy and income tax. To get a clear overview of both employee and employer taxes, use our salary breakdown calculator, submitting any additional data needed and get a downloadable pdf like this one.