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

878 posts

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#277130 28-Sep-2020 10:32
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Simple question.

 

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




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wellygary
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  #2575100 28-Sep-2020 10:38
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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

878 posts

Ultimate Geek
+1 received by user: 83


  #2575104 28-Sep-2020 10:44
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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.




PC: Dell Inspiron 16 5640 (Windows 11 Home), Dell Inspiron 7591 2n1 (Windows 11 Pro), HP ProBook 470G1 (Windows 10 Pro), Intel NUC7I5BNH (Zorin)
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Storage: Synology DS216play NAS, 2 x 6TB
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nova
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Trusted

  #2575105 28-Sep-2020 10:45
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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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