Your Total Annual Savings: $
The cost of living crisis means Kiwis are struggling with rising prices for food, petrol and housing. But record inflation means many are paying more and more tax because of bracket creep.
National is calling on the Government to adjust the bottom three income tax brackets at the upcoming Budget to reverse the last four years of bracket creep.
Find out how much you would save by entering your income above.
Note: This calculator only shows the impact of adjusting the income tax brackets on PAYE income tax. It does not show increases of NZ Super rates which would also go up as a result of these changes. The top tax bracket threshold of $180,000 has not been adjusted, as this took effect on 1 April 2021 so has not been subject to the last four years of bracket creep.
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