Personal Income Tax Rate in New Zealand for individuals earning more than NZD180,000 a year, increased to 39 percent in 2021 from 33 percent in 2020. source: New Zealand Inland Revenue Department

Personal Income Tax Rate in New Zealand averaged 35.42 percent from 2004 until 2021, reaching an all time high of 39 percent in 2005 and a record low of 33 percent in 2011. This page provides - New Zealand Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Personal Income Tax Rate - values, historical data and charts - was last updated on June of 2022.

Personal Income Tax Rate in New Zealand is expected to reach 39.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Personal Income Tax Rate is projected to trend around 39.00 percent in 2022, according to our econometric models.

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New Zealand Personal Income Tax Rate



Related Last Previous Unit Reference
Corporate Tax Rate 28.00 28.00 percent Dec 2021
Personal Income Tax Rate 39.00 33.00 percent Dec 2021
Sales Tax Rate 15.00 15.00 percent Dec 2021
Social Security Rate 11.00 11.00 percent Dec 2021
Social Security Rate For Companies 3.00 3.00 percent Dec 2021
Social Security Rate For Employees 8.00 8.00 percent Dec 2021

New Zealand Personal Income Tax Rate
In New Zealand, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of New Zealand.
Actual Previous Highest Lowest Dates Unit Frequency
39.00 33.00 39.00 33.00 2004 - 2021 percent Yearly