UKTaxCalculators World

comparing tax in ireland with new zealand

IrelandNew ZealandDifference in New Zealand
Gross Income 36,144.39 EUR / 30,000.00 GBP 66,659.91 NZD / 30,000.00 GBP - 0.00 GBP
Tax Due 6,044.21 EUR / 5,016.72 GBP 14,250.68 NZD / 6,413.46 GBP + 1,396.74 GBP
Net Income 30,100.18 EUR / 24,983.28 GBP 52,409.23 NZD / 23,586.54 GBP - 1,396.74 GBP
Overall Tax Rate 16.7 % 21.4 % + 4.70 %.

Figures based upon 1 EUR = 0.83000432 GBP.

Figures based upon 1 NZD = 0.45004561 GBP.

In Ireland, an income of 36,144.39 EUR / 30,000.00 GBP is more than the lowest average advertised salary of 12,000.00 EUR / 9,960.05 GBP and less than the country's average income of 38,200.00 EUR / 31,706.17 GBP.

In New Zealand, an income of 66,659.91 NZD / 30,000.00 GBP is more than the lowest average advertised salary of 25,000.00 NZD / 11,251.14 GBP and more than the country's average income of 62,200.00 NZD / 27,992.84 GBP.

Here are how much some common purchases cost in Ireland vs New Zealand:

IrelandNew ZealandDifference in New Zealand
Water Bottle (1.5L) 1.44 EUR / 1.20 GBP 1.84 NZD / 0.83 GBP - 0.37 GBP
Milk Bottle (1L) 1.05 EUR / 0.87 GBP 2.68 NZD / 1.21 GBP + 0.34 GBP
Pint of Beer 5.00 EUR / 4.15 GBP 8.00 NZD / 3.60 GBP - 0.55 GBP
Bread (500g) 1.54 EUR / 1.28 GBP 2.21 NZD / 0.99 GBP - 0.29 GBP
Chicken Breasts (1kg) 8.44 EUR / 7.01 GBP 12.45 NZD / 5.60 GBP - 1.41 GBP
Petrol UK Gallon 6.45 EUR / 5.35 GBP 10.00 NZD / 4.50 GBP - 0.86 GBP
Volkswagen Golf or Equivalent 25,000.00 EUR / 20,750.11 GBP 34,990.00 NZD / 15,747.10 GBP - 5,003.01 GBP
Broadband Internet Monthly 51.73 EUR / 42.94 GBP 84.49 NZD / 38.02 GBP - 4.92 GBP
Rent One Bedroom Apt. In City (Monthly) 1,205.57 EUR / 1,000.63 GBP 1,478.20 NZD / 665.26 GBP - 335.37 GBP
Purchase One Bedroom Apt. In City 186,289.95 EUR / 154,621.46 GBP 235,337.90 NZD / 105,912.79 GBP - 48,708.67 GBP

Part of Europe, Ireland covers an area of 68,928 square kilometers.

Ireland has a Gross Domestic Product (PPP) of 324.30 ($ Billion) from a population of 4,749,153.

A progressive tax system split into 2 bands (20% and 40%).

Everything earned after the standard-rate cut off (42,000 EUR in 2024) is charged the higher rate of tax (40% in 2024).

All taxpayers receive a personal tax credit of 1,875 EUR (2024) to be deducted from the tax bill.

A Universal Social Charge (USC) is also levied on gross income and is made up of 4 bands in general.

Up to 12,012 EUR - 0.5%.

Between 12,012 EUR and 25,760 EUR - 2.0%.

Between 25,760 EUR and 70,044 EUR - 4.0%.

Above 70,044 EUR - 8%.

People earning below 13,000 EUR do not have to pay the USC.

PRSI (Pay related Social Insurance) of 4% is also deducted from gross income over 18,304 EUR.

Source: http://www.citizensinformation.ie/en/money_and_tax/tax/income_tax/how_your_tax_is_calculated.html

Source: XE.com (Currency Conversion).

Source: SalaryExplorer.com (Averages from average salaries in major job categories).

Source: Numbeo.com (Cost of living).

Part of Oceania, New Zealand covers an area of 263,135 square kilometers.

New Zealand has a Gross Domestic Product (PPP) of 174.85 ($ Billion) from a population of 4,604,871.

A progressive tax system spread over 5 bands - ranging from 10.5% to 39%.

Tax bands are as follow:

Below 15600 NZD - 10.5%

Between 15600 NZD and 53500 NZD - 17.5%.

Between 53500 NZD and 78100 NZD - 30%.

Between 78100 NZD and 180000 NZD - 33%.

Above 180000 NZD - 39%.

ACC Levy: Statutory accident insurance is payable at a rate of 1.60% of gross income - capped to 132,500 NZD of income.

There is a compulsary contribution to KiwiSaver (pension) of a minimum 3% of gross income. It is tax deductible.

IETC: There is a personal tax credit available for incomes between 24,000 NZD and 66,000 NZD of 520 NZD. This is reduced by 13 cents for each dollar over 66,000 NZD.

Source: http://www.ird.govt.nz/how-to/taxrates-codes/rates/itaxsalaryandwage-incometaxrates.html.

Source: XE.com (Currency Conversion).

Source: SalaryExplorer.com (Averages from average salaries in major job categories).

Source: Numbeo.com (Cost of living).

Help

This calculator allows you to calculate income taxes and social contributions equivalent for Ireland and New Zealand and allow comparison between both. You can choose the preferred currency for the input amounts and displayed calculation. For example: If you choose GBP as your preferred currency, then the income entered will be converted to Ireland's and New Zealand's native currencies for the calculation so that correct income equivalent is used. The results will then be shown in the native currencies and GBP.

How we compare world taxes

We have trawled through the quagmire of tax legislation for 16 of the World's major economies and created a comparable position as close to the UK's PAYE (Pay As You Earn) system for employed people.

We look at each country's taxation for employed people, as well as things like medical care which are part of social contributions for some countries or require mandatory purchase of health insurance.

Combining this information lets us calculate taxes for each of the 16 countries and then do not only a taxation comparison but also a comparison of buying power based upon commonly purchased items.

It is quick and easy to use and you can get a detailed result at the click/tap of a button!

Compare tax using these examples:

We currently support the following countries - by clicking on the links below you can just do an individual tax calculation for those countries - or scroll up and compare tax between two countries directly!

Help - find relevant tax tools and calculators - go back to top

Answer a few questions below and we will list relevant tax calculators and tools that can help you organise, budget and ultimately save you money!
are you an employee?