This application may be helpful for New Zealand contractors to figure out their Net income from Hourly Rate or Hourly Rate from desired “Take Home”. (*Net income is a number also known as “Take Home” or Salary/Wage after taxes).

All breakdown elements will be calculated automatically once one of editable fields is changed.

It is possible to adjust quantity of workdays in year, work hours, tax levels and ACC in settings.

This application also may be useful for immigrants from countries, such as Russia, where all family budget calculations based on monthly Net income (salary after taxes).

Please notice that daily value is a calculation for every of 365 days and work dayliy is a calculation for every day excluding all holidays and 20 days leave (usually 229 days).
So, daily - is for every day of year, and workdaily for every day spent at work.