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Income Tax · 2026/27

Independent Earner Tax Credit

Estimate the credit after checking the eligibility conditions.

$

Your calculation

All amounts in New Zealand dollars.

Advanced options KiwiSaver, student loan & tax credit

IETC excludes relevant benefits, NZ Superannuation and qualifying Working for Families circumstances. Check eligibility. One main job, steady pay. No tailored tax codes or other income.

Confirm full-year eligibility in Advanced options to include the credit. Income alone does not establish eligibility.

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A little clarity starts here

Your numbers,
in plain sight.

Enter your details and calculate to see your breakdown.

Using this calculator

Check eligibility before adding a credit

The checkbox is a statement about your circumstances for all twelve months, not a suggestion that income alone qualifies you. Leave it off when you have not checked eligibility.

Worked example

At $68,000, an eligible full-year model gives a $260 credit. With the same income but the eligibility checkbox off, it includes no credit. This makes the assumption visible rather than silently awarding a benefit.

How the result is built

Within the supported income range, the maximum annual credit is reduced above the phase-out threshold. It offsets income tax only.

Before you use the number

Qualifying benefits, pension payments and Working for Families circumstances can affect entitlement by whole month. A full-year checkbox is unsuitable for a year in which eligibility changed.

Is the credit added again to the net figure?

No. Net pay already reflects the reduced income tax. Adding the credit a second time would overstate take-home pay.

Official source ↗ · How we prepare and correct content · Model reviewed 26 September 2026. Examples are illustrative.

How this tool works

Useful estimates. Clear assumptions.

The 2026/27 year runs from 1 April 2026 to 31 March 2027. We assume a New Zealand tax resident, one main employment, regular earnings and no other income. Figures are annualised estimates, not a payroll filing. Select IETC only after confirming full-year eligibility. Employer KiwiSaver, ESCT, benefits, child support and special deduction rates are excluded.

See calculation rules & official sources ↗
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