New Zealand

Individual - Taxes on personal income

Last reviewed - 23 July 2024

A resident of New Zealand is subject to tax on worldwide income. A non-resident is subject to tax only on income from sources in New Zealand.

Personal income tax rates

Individual tax rates have recently been modified:

Taxable income (NZD*) Marginal rate (%)
Current threshold As of 31 July 2024
0 - 14,000 0-15,600 10.5
14,001 - 48,000 15,601-53,500 17.5
48,001 - 70,000 53,501-78,100 30
70,001 - 180,000 78,101 - 180,000 33
180,001 and above 180,001 and above 39

* New Zealand dollars