New Zealand

Individual - Taxes on personal income

Last reviewed - 20 December 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 (%)
Prior to 31 July 2024	As of 31 July 2024	Marginal rate (%)
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	30.0
70,001 - 180,000	78,101 - 180,000	33.0
180,001 and above	180,001 and above	39.0