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Answer
You get taxed at different rates for parts of you income:
You are taxed 12.5% when you earn up to $14000
21% from $14001 - $40000
33% $40001 - $70000
39% $70001 +
45% with no IRD number
You need to add on the ACC levy on top of this which is 1.4% for the 2009 financial year.
Here is an example to work out how much you should be taxed:
Johns taxable income for the year was $65238
up to $14000 at 12.5% = $1750
$14001 - $40000 at 21% = $5460
$40000 - $65238 @ 33% = $8328.54
Total tax to pay = $15538.54
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