2026/27 at a glance
| Item | 2026/27 | 2025/26 |
|---|---|---|
| Income tax | 10.5% / 17.5% / 30% / 33% / 39% | same |
| Bracket thresholds | $15,600 / $53,500 / $78,100 / $180,000 | same |
| ACC earners’ levy | 1.75% up to $156,641 | 1.67% up to $152,790 |
| KiwiSaver default rate | 3.5% employee + 3.5% employer | 3% + 3% |
| Student loan | 12% over $24,128 | same |
| Adult minimum wage | $23.95 an hour | $23.50 |
| GST | 15% | 15% |
The income tax brackets have not moved since 31 July 2024. The changes you notice on your 2026/27 payslip come from the higher ACC levy and the move to 3.5% KiwiSaver contributions on 1 April 2026.
Choose a calculator
- Take-home pay: the PAYE calculator shows weekly, fortnightly, monthly and yearly pay after tax, ACC, KiwiSaver and student loan.
- Hourly rates: hourly to salary, and the minimum and living wage in dollars a week.
- Holidays: holiday pay under the Holidays Act, including the 8% pay-as-you-go option.
- End of year: the tax refund estimator compares PAYE deducted with tax on your income.
- Saving: KiwiSaver projection with employer, government and ESCT.
- Business: GST calculator at 15%.
How we check the numbers
Inland Revenue publishes PAYE deduction tables (IR340 and IR341) for every pay amount. Our tests reproduce rows from the April 2026 tables — for example, $171.69 of PAYE on weekly pay of $1,001 under tax code M, $161.69 under ME, and IRD’s own worked example of $1,150.30 on $3,846 a week — along with the ESCT bands, ACC cap and the independent earner tax credit thresholds.