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comparing germany and new zealand

GermanyNew ZealandDifference in New Zealand
Gross Income 34,861.92 EUR / 30,000.00 GBP 57,789.21 NZD / 30,000.00 GBP - 0.00 GBP
Tax Due 10,015.35 EUR / 8,618.59 GBP 11,160.03 NZD / 5,793.48 GBP - 2,825.11 GBP
Net Income 24,846.57 EUR / 21,381.41 GBP 46,629.18 NZD / 24,206.52 GBP + 2,825.11 GBP
Overall Tax Rate 28.7 % 19.3 % - 9.40 %.

Figures based upon 1 EUR = 0.8605378 GBP.

Figures based upon 1 NZD = 0.51912805 GBP.

In Germany, an income of 34,861.92 EUR / 30,000.00 GBP is more than the lowest average advertised salary of 18,900.00 EUR / 16,264.16 GBP and less than the country's average income of 43,000.00 EUR / 37,003.13 GBP.

In New Zealand, an income of 57,789.21 NZD / 30,000.00 GBP is more than the lowest average advertised salary of 25,000.00 NZD / 12,978.20 GBP and less than the country's average income of 62,200.00 NZD / 32,289.76 GBP.

Here are how much some common purchases cost in Germany vs New Zealand:

GermanyNew ZealandDifference in New Zealand
Water Bottle (1.5L) 0.40 EUR / 0.34 GBP 1.97 NZD / 1.02 GBP + 0.68 GBP
Milk Bottle (1L) 0.69 EUR / 0.59 GBP 2.53 NZD / 1.31 GBP + 0.72 GBP
Pint of Beer 3.50 EUR / 3.01 GBP 8.00 NZD / 4.15 GBP + 1.14 GBP
Bread (500g) 1.25 EUR / 1.08 GBP 2.25 NZD / 1.17 GBP + 0.09 GBP
Chicken Breasts (1kg) 7.26 EUR / 6.25 GBP 13.73 NZD / 7.13 GBP + 0.88 GBP
Petrol UK Gallon 6.00 EUR / 5.16 GBP 8.64 NZD / 4.49 GBP - 0.68 GBP
Volkswagen Golf or Equivalent 20,000.00 EUR / 17,210.76 GBP 32,000.00 NZD / 16,612.10 GBP - 598.66 GBP
Broadband Internet Monthly 24.12 EUR / 20.76 GBP 83.97 NZD / 43.59 GBP + 22.83 GBP
Rent One Bedroom Apt. In City (Monthly) 650.01 EUR / 559.36 GBP 1,389.75 NZD / 721.46 GBP + 162.10 GBP
Purchase One Bedroom Apt. In City 136,770.20 EUR / 117,695.93 GBP 204,865.50 NZD / 106,351.43 GBP - 11,344.50 GBP

Part of Europe, Germany covers an area of 348,621 square kilometers.

Germany has a Gross Domestic Product (PPP) of 3,979.08 ($ Billion) from a population of 80,636,124.

A progressive tax system spread over 5 bands ranging from 0% to 45%.

Tax bands are as follow:

Below 9000 EUR - 0%

Between 9000 EUR and 54950 EUR - 14%.

Between 54950 EUR and 260533 EUR - 42%.

Above 260533 EUR - 45%.

There is also a solidarity tax surcharge rate of 5.5%.

A default deduction is allowed of 1,000 EUR for work-related expenses.

A tax allowance of 1,000 EUR is applied for employees.

Up to 4,500 maximum is allowed as a deduction for travel expenses to and from work - here we use 2,500 EUR.

Social contributions made by the employee are : Pension 9.35%, Unemployment 1.5%, Health 7.9% and Nursing 1.4%.

These contributions are made as a percentage of the entire gross wage - limited to 52,200 EUR (Health and Nursing) and 76,200 (All Other - West Germany).

Source: http://www.bundesfinanzministerium.de/Web/EN/Issues/Taxation/taxation.html.

Source: XE.com (Currency Conversion).

Source: SalaryExplorer.com (Averages from average salaries in major job categories).

Source: Numbeo.com (Cost of living).

Part of Oceania, New Zealand covers an area of 263,135 square kilometers.

New Zealand has a Gross Domestic Product (PPP) of 174.85 ($ Billion) from a population of 4,604,871.

A progressive tax system spread over 4 bands - ranging from 10.5% to 33%.

Tax bands are as follow:

Below 14000 NZD - 10.5%

Between 14000 NZD and 48000 NZD - 17.5%.

Between 48000 NZD and 70000 NZD - 30%.

Above 70000 NZD - 33%.

Statutory accident insurance is payable at a rate of 1.39% of gross income - capped to 126,286 NZD of income.

There is a personal tax credit available for incomes between 24,000 NZD and 48,000 NZD of 520 NZD. This is reduced by 13 cents for each dollar over 44,000 NZD.

Source: http://www.ird.govt.nz/how-to/taxrates-codes/rates/itaxsalaryandwage-incometaxrates.html.

Source: XE.com (Currency Conversion).

Source: SalaryExplorer.com (Averages from average salaries in major job categories).

Source: Numbeo.com (Cost of living).

Help

This calculator allows you to calculate income taxes and social contributions equivalent for Germany and New Zealand and allow comparison between both. You can choose the preferred currency for the input amounts and displayed calculation. For example: If you choose GBP as your preferred currency, then the income entered will be converted to Germany's and New Zealand's native currencies for the calculation so that correct income equivalent is used. The results will then be shown in the native currencies and GBP.

How we compare world taxes

We have trawled through the quagmire of tax legislation for 16 of the World's major economies and created a comparable position as close to the UK's PAYE (Pay As You Earn) system for employed people.

We look at each country's taxation for employed people, as well as things like medical care which are part of social contributions for some countries or require mandatory purchase of health insurance.

Combining this information lets us calculate taxes for each of the 16 countries and then do not only a taxation comparison but also a comparison of buying power based upon commonly purchased items.

It is quick and easy to use and you can get a detailed result at the click/tap of a button!

Compare tax using these examples:

We currently support the following countries - by clicking on the links below you can just do an individual tax calculation for those countries - or scroll up and compare tax between two countries directly!

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