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Tax rates

How much income tax do you pay?

How much tax you pay depends on your income.

Important:
Find out if you need a tax code before going any further.

If you need a tax code but don't complete a Tax code declaration (IR330), your employer will take out PAYE (pay as you earn tax) using the no-notification rate (previously no-declaration rate), which is either:

  • PAYE of 45 cents in the dollar (plus ACC earners' levy*) for employees, or
  • 15 cents in the dollar on top of the normal tax on schedular payments rate - formerly withholding payments (listed on the back of the IR330).

If you have a tax code, the current rates are:

1 April 2010 – 30 September 2010
Income range Tax rate
$0 to $14,000 12.5%
$14,000 to $48,000 21%
$48,001 to $70,000 33%
$70,001 and higher 38%
1 October 2010 onwards
Income range Tax rate
$0 to $14,000 10.5%
$14,000 to $48,000 17.5%
$48,001 to $70,000 30%
$70,001 and higher 33%

*If you're on salary or wages, your employer will take out an extra percentage (for every $100 you earn) from your pay for the ACC earners' levy. See the ACC website.

If you earn less than $9,880, or between $24,000 and $48,000, in a tax year you may be entitled to claim tax credits (formerly rebates) which will lower the amount of tax to pay.

Give it a go

Use our PAYE calculator to work out your tax.

Note:
If you're entitled to a tax credit for children (formerly child tax rebate), you might not have to pay so much tax. The tax credit is not included in the calculation. The calculator only works out income tax on the taxable income entered.

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