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How much will Labour's Jobs Tax cost you?
Labour’s new Jobs Tax will leave Kiwi workers and businesses further out of pocket.
The Jobs Tax would make a typical worker (earning $60,000) $834 worse off every year. That's $834 less for your groceries, your power and other bills, and your own savings. Employers would also be forced to pay the tax for every employee on their pay roll. Yet another cost on business that will put pressure on prices and make it harder to get a pay rise.
Check out the below table to see how much it will cost your back pocket and sign our petition to STOP Labour's Jobs Tax!
If you earn... | You'll pay... | Your boss pays... | Total EXTRA TAX on your job: |
$35,000 |
$487 |
$487 |
$973 |
$40,000 |
$556 |
$556 |
$1,112 |
$45,000 |
$626 |
$626 |
$1,251 |
$50,000 |
$695 |
$695 |
$1,390 |
$55,000 |
$765 |
$765 |
$1,529 |
$60,000 |
$834 |
$834 |
$1,668 |
$65,000 |
$904 |
$904 |
$1,807 |
$70,000 |
$973 |
$973 |
$1,946 |
$75,000 |
$1,043 |
$1,043 |
$2,085 |
$80,000 |
$1,112 |
$1,112 |
$2,224 |
$85,000 |
$1,182 |
$1,182 |
$2,363 |
$90,000 |
$1,251 |
$1,251 |
$2,502 |
$95,000 |
$1,321 |
$1,321 |
$2,641 |
$100,000 |
$1,390 |
$ 1,390 |
$2,780 |
$105,000 |
$1,460 |
$1,460 |
$2,919 |
$110,000 |
$1,529 |
$1,529 |
$3,058 |
$115,000 |
$1,599 |
$1,599 |
$3,197 |
$120,000 |
$1,668 |
$1,668 |
$3,336 |
$125,000 |
$1,738 |
$1,738 |
$3,475 |
$130,000 |
$1,807 |
$1,807 |
$3,614 |
$135,000 |
$1,820 |
$1,820 |
$3,639 |