Resources

Tax Rates

Income Tax Rates for Individuals

Income Level

Tax Rate

PAYE Rates (incl ACC earners levy)

$0 - $14,000

10.5%

12.2%

$14,001 - $48,000

17.5%

19.2%

$48,001 - $70,000

30%

31.7%

$70,000 and over

33%

34.7%

No Notification of Tax Code

45%

46.7%

Income Tax Rates for Companies and Trusts 

 

Flat Tax Rate

Companies

28%

Trusts

33%


Other Tax Rates 

 

Flat Tax Rate

Good & Services Tax

15%

KiwiSaver Employee Contribution

3%, 4% or 8% (of gross income)

KiwiSaver Compulsory Employer Contribution

3% (from 1 April 2013)