Income tax rates can vary from time to time. For the tax year from 1 April 2009 to 31 March 2010 the rates are:
Income Tax Rates
| Taxable income (NZ$) |
PAYE rate for every $1 of taxable income (excluding ACC earners' levy) |
PAYE rate for every $1 of taxable income (including ACC earners' levy*) |
| up to $14,000 |
12.5 cents |
14.2 cents |
| $14,001 to $48,000 inclusive |
21 cents |
22.7 cents |
| $48,001 to $70,000 |
33 cents |
34.7 cents |
| $70,001 and over |
38 cents |
39.7 cents |
| No notification** |
45 cents |
46.7 cents |
Use the Tax on annual income calculator if you want to know the tax rates for previous years.
* The earners' levy rate for the tax year 1 April 2009 to 31 March 2010 is 1.7% ($1.70 per $100)
** Employers are legally required to use the no notification rate when an employee does not fully complete the Tax code declaration (IR330). A completed form must include name, IRD number and tax code. The form must also be signed.
For more on income tax rates, visit the Inland Revenue website.
