nz_net_to_gross_calculator

nz.co.calculate/calculator · Verify this server

Work out the GROSS New Zealand salary needed to take home a given amount. Use for: 'what salary do I need to take home $1,200 a week', 'I want $70,000 in the hand, what do I ask for', 'what gross salary gives me $5,000 a month after tax', negotiating a package to a net figure. This cannot be done by scaling. Tax is progressive and the ACC levy is capped, so the gap between gross and net widens as income rises: doubling the take-home needs more than double the gross. ALWAYS tell the person which deductions were counted. By default the target is treated as after income tax and the ACC earner levy only, which is what the website assumes. If they contribute to KiwiSaver or repay a student loan, pass those, because the gross needed goes up materially. Args: target_net: The take-home wanted, in the period given. period: annual, monthly, fortnightly or weekly. kiwisaver_rate: A DECIMAL, 0.035 for 3.5%. Zero by default. has_student_loan: Whether repayments come out before the target. Returns: The gross needed, the deductions between it and the target, and deductions_included naming exactly what was counted.