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What is the rate of income tax in New Zealand? Do they have different bands?

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What is the rate of income tax in New Zealand? Do they have different bands?

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  1. Yeah there are different bands, everything you earn up to $38,000 per annum it's 19.5 cents out of your dollar, anything over $38,000 and up to $60,000 it's 33 cents, and anything over $60,000 it's 39 cents. That's without an ACC earner's levy whatever that is. And it doesn't include student loan repayments or Kiwisaver, which are other things the IRD takes.


  2. Income Tax Rate

    $0 - $38,000 19.5%

    $38,001 - $60,000 33%

    Over $60,000 39%

    No declaration form (IR330) 49%

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