RedMonsk

Someone recently put down a very useful link - basically you can work out what wages you will be taking home after tax. NZ wages, that it!

Typically, I can't find or remember what link it was put under, can anyone help?!

spoonguy

I linked this last week, not sure if thats it but hope it helps

https://www.ird.govt.nz/cgi-bin/form.cgi?form=incrates

RedMonsk

That was the one! Thank you very much!

Maz

39% tax for everything over $60K!!!

I knew it already, but seeing that the gov't will probably be taking somewhere around $25K in taxes from me makes me feel rather weak...

RedMonsk

It's 19.5% on the first $38,000 you earn, 33% $38,000-$60,000 and 39% anything earned over that!!!

Maz

Anyone know how many years of continuous pay you have to earn to qualify for a government pension? Shouldn't be too much with those tax rates!!!

happynz

I understand that at age sixty-five you will get a superannuation of about NZ$265 a week (less 19.5% tax) for singles and NZ$420 per week (less 19.5%) for married couples.
I think that's how it works.

RedMonsk

How long do you have to be a resident to receive state pension?!

happynz

Try this site:

http://www.workandincome.govt.nz/doc...rannuation.pdf

From this information it turns out my figures I stated above are off by a bit.

RedMonsk

Bugger! Can I gather from this, that emmigrants are entitled to nothing?!

happynz

If you are a permanent resident you'll get something at age sixty-five. However, it'll be means-tested.

RedMonsk

Lets hope our new life in NZ isn't too big a success then!!!

Maz

Being lazy and not reading that document, anyone know off-hand how long you have to have been a citizen for before it's not means-tested?

Colin in the middle

You mean no pension or state benefit? Wrong

Best advice ask at Work and Income but word of caution find someone who knows what they are talking about. Question everything they say dont take it on face value especially on migrant issues.

Colin in the middle

Got to get Citzinship first unless you already done that?