At 1 April 2004
Below are the New Zealand Superannuation and Veterans Pension rates at 1 April 2004. The net rates are after tax at "M" or "S".
"M" tax code
Category | Weekly rate | Fortnightly payment (net) | Annual rate (gross) | ||
Net | Gross | ||||
Single, living alone | $249.09 | $301.33 | $498.18 | $15,669.16 | |
Single, sharing | $229.93 | $277.13 | $459.86 | $14,410.76 | |
Married person | $191.61 | $228.52 | $383.22 | $11,883.04 | |
Married, both qualify | Total | $383.22 | $457.04 | $766.44 | $23,766.08 |
Each | $191.61 | $228.52 | $383.22 | $11,883.04 | |
Married, non-qualified partner included on or after 1 October 1991 | Total | $365.40 | $434.60 | $730.80 | $22,599.20 |
Each | $182.70 | $217.30 | $365.40 | $11,299.60 | |
Married, non-qualified partner included before 1 October 1991 | Total | $383.22 | $457.04 | $766.44 | $23,766.08 |
Each | $191.61 | $228.52 | $383.22 | $11,883.04 | |
Qualified partner in rest home with non-qualified partner in the community | $205.18 | $245.66 | $410.36 | $12,774.32 | |
Hospital rate | $30.06 | $35.31 | $60.12 | $1,836.12 | |
"S" tax code
Use this table if the superannuitant has other income.
Category | Weekly rate | Fortnightly payment (net) | Annual rate (gross) | ||
Net | Gross | ||||
Single, living alone | $238.12 | $301.33 | $476.24 | $15,669.16 | |
Single, sharing | $218.96 | $277.13 | $437.92 | $14,410.76 | |
Married person | $180.64 | $228.52 | $361.28 | $11,883.04 | |
Married, both qualify | Total | $361.28 | $457.04 | $722.56 | $23,766.08 |
Each | $180.64 | $228.52 | $361.28 | $11,883.04 | |
Married, non-qualified partner included on or after 1 October 1991 | Total | $343.46 | $434.60 | $686.92 | $22,599.20 |
Each | $171.73 | $217.30 | $343.46 | $11,299.60 | |
Married, non-qualified partner included before 1 October 1991 | Total | $361.28 | $457.04 | $722.56 | $23,766.08 |
Each | $180.64 | $228.52 | $361.28 | $11,883.04 | |
Qualified partner in rest home with non-qualified partner in the community | $194.21 | $245.66 | $388.42 | $12,774.32 | |
Hospital rate | See Note 1 below | $35.31 | $1,836.12 | ||
Note 1
The hospital rate is always taxed at the "M" rate.
Current rates
For the current rates see:
