The tax rates in New Zealand look competitive compared to Australia's.
2017–2018
Income Tax rate Effective tax rate 1 $0 – $14,000 10.5% 10.5% 2 $14,001 – $48,000 17.5% 10.5 - 15.5% 3 $48,001 – $70,000 30% 15.5 - 20.0% 4 Over $70,000 33% 20.0 - 33.0%
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- use 16 to calculate how much is enough for retirement
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