Work to Residence rights!
Jul 21st 2007, 8:56 am
#1
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Work to Residence rights!
Are you still entitled to NHS service and would OH get taxed just like any other NZ resident? Is it 33%? That seems quite high to me!
Apparently, Polish workers in the UK get charged emergency tax!
Basically, hubby is still smarting (he feels unwanted, bless him!) at the fact that we were not invited to apply and is nervous about going out to NZ under any other visa!
Jul 21st 2007, 10:24 am
#2
Joined: Dec 2004
Location: Planet Earth, for now.
Posts: 719
Re: Work to Residence rights!
We were in Christchurch with a work visa and we got medical treatment for one of the kids who broke his collar bone. ACC covers the cost. But you have to pay to see the doctor. We were told to go to the local small private doctors but we did not as we did not want to pay (nor afford it) $120 just to be told go to the hospital. The hospital was very clean and the staff were great. There was even a phone for you to use for free. The doctor we saw was a Brit. But some people i worked with thought i was wasting the hospitals time and should have just gone to the small place. Sorry but i don't take a chance with my kids health.
Dentistry work in NZ is very expensive by the way. People i worked with were being quoted $800 and more for work. Pirates.
Dentistry work in NZ is very expensive by the way. People i worked with were being quoted $800 and more for work. Pirates.
Jul 22nd 2007, 5:06 pm
#3
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Re: Work to Residence rights!
Thanks Lenmil, at least I know going to the doctor is the same as for everyone else.
Does anyone know about the income tax situation?!
Does anyone know about the income tax situation?!
Jul 22nd 2007, 6:01 pm
#4
Joined: Nov 2006
Posts: 2,813
Re: Work to Residence rights!
Yeah, for those on a wage, here is the breakdown as it currently stands --
- 0 to 38,000 you'll have 19.5% of your income taken out
- 38,001 to 59,999 they'll take 33% of that
- anything over 60,000 they take 39% of that
-on top of all that you'll have 1.6% taken out for ACC (bargain!)
For example lets say you make 50,000 per year. Your first 38,000 is taxed at 19.5 % leaving you with 30,590. Your next 12,000 is taxed at 33% which will leave you 8040. Minus the ACC and you end up with approximately NZ$730 take home per week. Then you might or might not elect to go into the Kiwisaver programme which may have your take home pay further reduced by 4% or 8% (but you'll eventually get that money back plus some lolly as well).
These figures are approximate. I'm certainly not an accountant and your mileage may vary. At any rate, these are the tax rates as I understand them.
- 0 to 38,000 you'll have 19.5% of your income taken out
- 38,001 to 59,999 they'll take 33% of that
- anything over 60,000 they take 39% of that
-on top of all that you'll have 1.6% taken out for ACC (bargain!)
For example lets say you make 50,000 per year. Your first 38,000 is taxed at 19.5 % leaving you with 30,590. Your next 12,000 is taxed at 33% which will leave you 8040. Minus the ACC and you end up with approximately NZ$730 take home per week. Then you might or might not elect to go into the Kiwisaver programme which may have your take home pay further reduced by 4% or 8% (but you'll eventually get that money back plus some lolly as well).
These figures are approximate. I'm certainly not an accountant and your mileage may vary. At any rate, these are the tax rates as I understand them.
Last edited by happynz; Jul 22nd 2007 at 6:04 pm.
Jul 23rd 2007, 8:50 am
#5
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Re: Work to Residence rights!
Thank you HappyNZ, and that applies to any worker in NZ not just those with permanent residence?!
Jul 23rd 2007, 8:51 am
#6
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Re: Work to Residence rights!
Yeah, for those on a wage, here is the breakdown as it currently stands --
- 0 to 38,000 you'll have 19.5% of your income taken out
- 38,001 to 59,999 they'll take 33% of that
- anything over 60,000 they take 39% of that
-on top of all that you'll have 1.6% taken out for ACC (bargain!)
For example lets say you make 50,000 per year. Your first 38,000 is taxed at 19.5 % leaving you with 30,590. Your next 12,000 is taxed at 33% which will leave you 8040. Minus the ACC and you end up with approximately NZ$730 take home per week. Then you might or might not elect to go into the Kiwisaver programme which may have your take home pay further reduced by 4% or 8% (but you'll eventually get that money back plus some lolly as well).
These figures are approximate. I'm certainly not an accountant and your mileage may vary. At any rate, these are the tax rates as I understand them.
- 0 to 38,000 you'll have 19.5% of your income taken out
- 38,001 to 59,999 they'll take 33% of that
- anything over 60,000 they take 39% of that
-on top of all that you'll have 1.6% taken out for ACC (bargain!)
For example lets say you make 50,000 per year. Your first 38,000 is taxed at 19.5 % leaving you with 30,590. Your next 12,000 is taxed at 33% which will leave you 8040. Minus the ACC and you end up with approximately NZ$730 take home per week. Then you might or might not elect to go into the Kiwisaver programme which may have your take home pay further reduced by 4% or 8% (but you'll eventually get that money back plus some lolly as well).
These figures are approximate. I'm certainly not an accountant and your mileage may vary. At any rate, these are the tax rates as I understand them.
And hubby moans about the 20% he currently has deducted!
