New Zealand | United Arab Emirates | Difference in United Arab Emirates | |
---|---|---|---|
Gross Income | 64,546.74 NZD / 30,000.00 GBP | 138,989.79 AED / 30,000.00 GBP | - 0.00 GBP |
Tax Due | 13,263.83 NZD / 6,164.76 GBP | 24,323.21 AED / 5,250.00 GBP | - 914.76 GBP |
Net Income | 51,282.91 NZD / 23,835.24 GBP | 114,666.58 AED / 24,750.00 GBP | + 914.76 GBP |
Overall Tax Rate | 20.5 % | 17.5 % | - 3.00 %. |
Figures based upon 1 NZD = 0.46477948 GBP.
Figures based upon 1 AED = 0.21584319 GBP.
In New Zealand, an income of 64,546.74 NZD / 30,000.00 GBP is more than the lowest average advertised salary of 25,000.00 NZD / 11,619.49 GBP and more than the country's average income of 62,200.00 NZD / 28,909.28 GBP.
In United Arab Emirates, an income of 138,989.79 AED / 30,000.00 GBP is more than the lowest average advertised salary of 14,400.00 AED / 3,108.14 GBP and less than the country's average income of 160,489.00 AED / 34,640.46 GBP.
Here are how much some common purchases cost in New Zealand vs United Arab Emirates:
New Zealand | United Arab Emirates | Difference in United Arab Emirates | |
---|---|---|---|
Water Bottle (1.5L) | 1.84 NZD / 0.86 GBP | 1.75 AED / 0.38 GBP | - 0.48 GBP |
Milk Bottle (1L) | 2.68 NZD / 1.25 GBP | 5.42 AED / 1.17 GBP | - 0.08 GBP |
Pint of Beer | 8.00 NZD / 3.72 GBP | 40.00 AED / 8.63 GBP | + 4.91 GBP |
Bread (500g) | 2.21 NZD / 1.03 GBP | 3.70 AED / 0.80 GBP | - 0.23 GBP |
Chicken Breasts (1kg) | 12.45 NZD / 5.79 GBP | 23.02 AED / 4.97 GBP | - 0.82 GBP |
Petrol UK Gallon | 10.00 NZD / 4.65 GBP | 10.32 AED / 2.23 GBP | - 2.42 GBP |
Volkswagen Golf or Equivalent | 34,990.00 NZD / 16,262.63 GBP | 80,000.00 AED / 17,267.46 GBP | + 1,004.83 GBP |
Broadband Internet Monthly | 84.49 NZD / 39.27 GBP | 360.34 AED / 77.78 GBP | + 38.51 GBP |
Rent One Bedroom Apt. In City (Monthly) | 1,478.20 NZD / 687.04 GBP | 5,016.73 AED / 1,082.83 GBP | + 395.79 GBP |
Purchase One Bedroom Apt. In City | 235,337.90 NZD / 109,380.23 GBP | 311,846.85 AED / 67,310.02 GBP | - 42,070.21 GBP |
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).
Part of Asia, United Arab Emirates covers an area of 106,574 square kilometers.
United Arab Emirates has a Gross Domestic Product (PPP) of 667.21 ($ Billion) from a population of 83,609.
There is no personal income tax legislation.
United Arab Emirates nationals or GCC nationals are required to make social security contributions however.
For UAE national employees, the contribution rate is 17.5% of gross remuneration.
Source: XE.com (Currency Conversion).
Source: SalaryExplorer.com (Averages from average salaries in major job categories).
Source: Numbeo.com (Cost of living).
This calculator allows you to calculate income taxes and social contributions equivalent for New Zealand and United Arab Emirates 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 New Zealand's and United Arab Emirates'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.
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!
Source: https://www.impots.gouv.fr/portail/international
Source: http://www.citizensinformation.ie/en/money_and_tax/tax/income_tax/how_your_tax_is_calculated.html
Source: http://www1.agenziaentrate.gov.it/english/revenue_agency/index_revenue.htm
Source: http://www.impotsdirects.public.lu/fr.html
Source: http://www.agenciatributaria.es/AEAT.internet/en_gb/Inicio.shtml
Source: https://www.estv.admin.ch/estv/en/home.html.
Source: https://www.gov.uk/government/organisations/hm-revenue-customs.
Source: http://www.bundesfinanzministerium.de/Web/EN/Issues/Taxation/taxation.html.
Source: https://www.irs.gov/tax-professionals/tax-code-regulations-and-official-guidance.
Source: http://www.cra-arc.gc.ca/tx/ndvdls/fq/txrts-eng.html
Source: https://www.ato.gov.au.
Source: http://www.ird.govt.nz/how-to/taxrates-codes/rates/itaxsalaryandwage-incometaxrates.html.
Source: https://www.nta.go.jp/foreign_language/.
Source: http://www.chinatax.gov.cn/2013/n2925/.
* calculations are currently based on the 2024 tax rules, rates and allowances for comparable single individuals in each country.