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Income tax is around 30-35% depending on income. There's a 15% GST applied at point of purchase, so you don't really notice it, and if you're a business it can
by mappu 13y ago
Income tax is around 30-35% depending on income. There's a 15% GST applied at point of purchase, so you don't really notice it, and if you're a business it can be claimed back.
The NZ Government provides free student allowance (a few hundred dollars per week living allowance for your first 4? years of tertiary education, means-tested against your parents' income, not paid back) as well as interest-free student loans (for as long as you stay within the country).
- lostlogin 13y agoI agree with all this. Just one addition - fuel is taxed quite a lot and in many places here a car is a necessity as public transport is poor. Its a bit over $2 per litre. Edit: Property taxes are about $2k per year on an average house in Auckland. An average house is about $500k in Auckland as the New Zealand love of property makes the market rather expensive when compared to income. I'm using NZ dollars.