Resources
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) |