Rates of Tax

 

The primary rates of tax payable in New Zealand are:


Companies: 28% (from 1 April 2011).
                   (previously 30% for tax years 2009 to 2011 and 33% up to and including 2008)

Trusts:        33%

Individuals:  From 1 October 2010, the rates of tax payable by individual taxpayers were changed to:
                   10.5% on income up to $14,000
                   17.5% on income from $14,001 to $48,000
                   30.0% on income from $48,001 to $70,000
                   33.0% on income from $70,0001 +