What is the ACC earner levy?

It is a mandatory levy (approx 1.6%) that funds New Zealand's accident compensation scheme for non-work-related injuries.

Can I opt out of KiwiSaver?

New employees are automatically enrolled but can choose to opt out between day 14 and day 56 of starting a new job.

If you have a student loan and earn over the threshold, you typically repay 12% of every dollar earned above that threshold.

New Zealand uses the PAYE (Pay As You Earn) system to collect income tax and ACC earner levies directly from your salary.

Income Tax Brackets: Progressive rates ranging from 10.5% to 39%.
ACC Levy: A fixed percentage (approx 1.6%) that covers you for accidental injuries.
KiwiSaver: Optional retirement scheme with standard employee contribution rates of 3%, 4%, 6%, 8%, or 10%.