NetWageNZ

Minimum wage NZ 2026–27

The adult minimum wage is $23.95 an hour from 1 April 2026. Full time at 40 hours that is $958.00 a week before tax, or $761.06 a week after PAYE, ACC and 3.5% KiwiSaver.

Minimum wage pay from 1 April 2026

Take-home per week

$761.06

gross $958.00 a week, $49,816 a year ($23.95 × 40 hours × 52 weeks)

Gross salary
$49,816
Income tax (PAYE)
−$7,626
ACC earners' levy
−$872
KiwiSaver
−$1,744
Take-home pay
$39,575

At this income you can also get the independent earner tax credit (up to $520 a year) by switching to tax code ME, unless you or your partner get Working for Families or a benefit.

Minimum wage rates from 1 April 2026

Take-home after PAYE, ACC and 3.5% KiwiSaver on tax code M
From 1 April 2026Per hour40 hours, per weekPer yearTake-home a week
Adult minimum wage$23.95$958.00$49,816$761.06
Starting-out wage$19.16$766.40$39,853$613.05
Training wage$19.16$766.40$39,853$613.05

Who gets which rate

  • Adult minimum wage: most employees.
  • Starting-out wage: certain young workers in their first months with an employer or coming off a benefit.
  • Training wage: employees doing recognised industry training as part of their job.

The starting-out and training rates are 80% of the adult rate. Employers must pay at least the right rate for every hour worked, including time spent on required training.

Tax on the minimum wage

Full time at $23.95 you earn $49,816 a year. PAYE is $8,498 ($7,626 income tax and $872 ACC levy) and 3.5% KiwiSaver is $1,744, leaving $39,575. Because that income is between $24,000 and $66,000, you can claim the $520 independent earner tax credit on tax code ME, worth $10 a week, unless you or your partner get Working for Families or a benefit.

FAQ

How much is the minimum wage a year in NZ?

$49,816 at $23.95 an hour for 40 hours a week, or $41,318 after PAYE and ACC.

What is the starting-out wage?

$19.16 an hour from 1 April 2026, 80% of the adult rate. The training minimum wage is the same.

How much is minimum wage a week after tax?

$761.06 for 40 hours with 3.5% KiwiSaver, or $794.58 without KiwiSaver, on tax code M.

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