I am interested in how much take home money $19 per hour gets you in Noo Zulland.
I am interested in how much take home money $19 per hour gets you in Noo Zulland.
It depends if you pay tax or not.
How many hours?
19X40=760
760X52=39,520
20,000X19%=3,800
19,520X24%=4,684.8
Tax=$8484.8
$39,520-$8484.8=$31,035.2
$31,035.2/52=$596.83 take home per week...
You lazy cunt.
aside from hours, what if any kiwisaver contributions or studnt loans etc you have also come out
You forgot ACC earner premium (1.7%) so deduct another $671.84pa or $12.92/wk.
But any rate, it's
Up to 14k: 10.5% (1470)
Up to 48k: 17.5% (4466)
Plus ACC (671.84)
= Total PAYE 6607.84
= Net pay 32912.16 or 632.93pw
Sauce: http://www.ird.govt.nz/calculators/k...-tax-rate.html (although helpfully this omits ACC from the calculations!)
You deduct PAYE from their earnings, which comprises tax and ACC. And then pay both to the gummint.
As long as you pay IRD what you deducted, the only people you'd be shafting would be your employees if you're deducting incorrectly...
http://www.ird.govt.nz/income-tax-in...es-wages/paye/
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