Free Salary vs Dividend Tax Calculator for New Zealanders
If you own a NZ company, money can be paid out as a salary (taxed under PAYE at marginal rates) or as a dividend (after 28% company tax, with imputation credits). This compares the two and shows when each is more efficient.
Your company
$120,000
$
$80,000
$
28.0%
%
Total tax (current split)
$30,820
PAYE on salary + tax on dividend
Based on $120,000 profit, $80,000 salary draw, 28% company tax.
Tax: full salary route$32,140
Tax: full dividend route$33,600
Tax: current split$30,820
Saving vs worst route$2,780
About our Salary vs Dividend Calculator
Disclaimer: This calculator is for information only and does not constitute financial advice. Real-world figures may differ due to fees, rounding, rate changes, and policy specifics. Always confirm figures with the relevant provider before signing anything.