For example, a person earning $100,000 would pay a total of $23,930 in tax.
Of that $23,930, the largest amount ($6,465.34) would go to the Ministry of Social Development.
But the calculator also takes in your personal contribution to smaller government agencies, such as the Serious Fraud Office ($2.63 in our example of a $100,000 earner) and the hither-to-unknown Parliamentary Commissioner for the Environment (96 cents).
And do check out that chunk of change clipped by IRD on $123,930 tax - $1866.24.
See how they go when Mix and Mash winners are announced tomorrow, December 10.
The event is run by the Digital New Zealand business unit within the National Library of New Zealand, with Microsoft and InternetNZ as primary sponsors.
This article is tagged with the following keywords. Find out more about MyNBR Tags
Most listened to
- Tourism Association head Chris Roberts explains why the accommodation industry will fight 150% council rates rises
- Competition lawyer Andy Matthews' rates Spark's chance of success with its Skyfone legal challenge
- Kiwibank CEO Paul Brock on rising mortgage book, falling profit
- Thincats’ Sunil Aranha on how Harmoney could cope in the competitive Australian market
- Nevil Gibson says Fitch Ratings has moved its main risk to the economy from dairy returns to house prices