NZ Pension - Is it paid gross or nett of tax

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Forums › Off topic › NZ Pension - Is it paid gross or nett of tax

alisam

492 posts

Ultimate Geek

#277130 28-Sep-2020 10:32

Simple question.

I have searched and searched but have not found the answer.

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wellygary

5010 posts

Uber Geek

#2575100 28-Sep-2020 10:38

Do you mean NZ superannuation from MSD?

Its paid net of tax to you, .. You have to advise MSD what your tax code is and they do the deduction

https://www.workandincome.govt.nz/eligibility/seniors/change-your-tax-code.html

alisam

492 posts

Ultimate Geek

#2575104 28-Sep-2020 10:44

wellygary:

Do you mean NZ superannuation from MSD?

Its paid net of tax to you, .. You have to advise MSD what your tax code is and they do the deduction

https://www.workandincome.govt.nz/eligibility/seniors/change-your-tax-code.html

Yes, Thank you.

nova

92 posts

Master Geek

Trusted

Subscriber

#2575105 28-Sep-2020 10:45

The actual gross and nett amounts are listed here, based on tax code:

https://www.workandincome.govt.nz/map/deskfile/nz-superannuation-and-veterans-pension-tables/new-zealand-superannuation-and-veterans-pension-ra.html

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