Tax Rates
Income Tax Rates for Individuals (excluding ACC earners levy)
up to $14,000 10.5%
from $14,001 to $48,000 17.5%
from $48,001 to $70,000 30%
$70,001 and over 33%
These individual tax rates are applicable from 1st October 2010
Company Tax Rates
- 28 cents in the dollar for income years 2012 and later
- 30 cents in the dollar for income years 2009 to 2011
- 33 cents in the dollar for income years 2008 and earlier
Trust tax rate is at a flat rate of 33%