Calculate tax on holiday pay (1 April 2011 to 31 March 2012)
About this calculator
This calculator is for pay periods ending between 1 April 2011 and 31 March 2012 (inclusive). This calculator works out how much PAYE to deduct from an employee's holiday pay. Use this calculator to work out the amounts to deduct for PAYE, student loan repayments and KiwiSaver deductions, as well as any KiwiSaver employer contribution amounts you are required to pay. This calculator has been updated with the Budget 2010 changes.
Use of this tool does not result in data being submitted to us.
When to use this calculator
Note: From 1 April 2007 the annual holiday entitlement increased to a minimum of four weeks or 8% of gross income. For more information see the Holidays Act 2003.
Before you use this calculator, you will need to work out the gross amount payable to your employee for holiday pay. When completing your calculation, include holiday pay as earnings in the period that you actually pay them.
For information about holiday pay, see the Department of Labour's booklet, "Holidays and leave - an employer's guide". To get a copy, call the Department of Labour's Employment Relations Infoline on 0800 209 020 or go to the Department of Labour's website
Please note that this calculator is only used for calculating "pay periods". The PAYE calculator is used to work out your monthly / twice monthly employer tax credit requirements.
What you will need
Holiday pay details.
After you finish
You may wish to print off these calculations.
If you're printing pages for several people, the name and reference number you enter for each calculation will help you to distinguish between the pages.
No information you provide while using the calculator is recorded, saved or in any way referenced by Inland Revenue. The calculator is stored on a secure part of our website to prevent unauthorised interception. If you are unable to access the calculator, you may need to update your browser and/or firewall settings.
