Originally Posted by
help me jebus
Under AU$180,000 you remain on 37c per dollar tax bracket in Australia.
AU$160,238 pays roughly $46,919 in tax, as calculated by the ATO tax calculator.
The same wage converted to NZ$ and taxed on the highest bracket of 33c.
NZ$175,459 pays roughly NZ$48,821 (AU$44,585), as calculated by the IRD tax calculator.
The fact in NZ you can't make any work related deductions to lower your taxable income. Along with the fact, the cost of living in New Zealand compared to Australiais quite high, means the comparisons of wages between countries should be quite relevant..
I thought every captain at JC would be earning well more than 200k a year.
The actual take home pay would be better than is suggested.
Be more than a Network or Cobham captain over here.