Tax example for self employed

Where in New Zealand will you be providing care?

Hours per week

Hourly rate per child ($)

Number of children in care

For one week you would receive

But you only pay tax on

Your concession (or tax break) from IRD for being a self-employed home-based educator. This amount goes straight into your pocket, tax free!

Your net weekly pay, after tax, would be

Please note that this total doesn’t include additional Tiny Nation resource subsidy payments paid directly to educators to support the delivery of a high quality programme. The tax payable calculation used above is based on the assumption that this is your only source of income.

total taxable income

net annual amount