New Zealand Tax Rates

Tax Rates For Individuals, Companies & Trusts

A clear guide to current New Zealand tax rates, including individual income tax brackets, company tax rates, trustee income tax rates, GST, and practical tax planning guidance for individuals, sole traders, rental property owners, trusts, and small businesses.

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Quick Reference

Understand The Rate Before You Plan.

Tax rates are only one part of the picture. Your final tax position can depend on income type, deductions, business structure, GST, provisional tax, and whether income is earned personally, through a company, or through a trust.

Top Individual Rate 39%
Most Companies 28%
Standard GST 15%
At A Glance

Current New Zealand Tax Rates Made Simple

These headline rates help you quickly understand how New Zealand tax may apply to personal income, companies, trusts, and GST-registered businesses.

10.5%

Starting Individual Rate

Applies to the first income bracket for individual taxpayers.

39%

Top Individual Rate

Applies to each dollar of individual income over $180,000.

28%

Company Tax Rate

Most New Zealand companies pay income tax at a flat 28% rate.

15%

GST Rate

The standard New Zealand GST rate is 15% on most goods and services.

Tax Calculator

Estimate Your New Zealand Income Tax

Use this simple calculator to estimate individual income tax based on New Zealand tax brackets from 1 April 2025. This gives visitors a quick guide before speaking with Guardian Accounting.

Estimate Individual Income Tax

Enter annual taxable income to see a simple estimate using the individual tax brackets from 1 April 2025.

This is a basic estimate only. It excludes ACC, tax credits, student loans, Working for Families, schedular payments, overseas income, and other adjustments.
Estimated Tax $17,320

This is a simple income tax estimate based on the taxable income entered. It is designed as a quick guide, not a final tax calculation.

After-Tax Income $62,680 Before any other deductions, credits, or adjustments.
Average Tax Rate 21.65% Estimated tax divided by annual taxable income.
NZ
Progressive Tax Estimate New Zealand individual income tax is progressive, so each rate applies only to the income within that bracket.
Individual Tax Rates

Personal Income Tax Rates From 1 April 2025

New Zealand individual income tax is progressive, which means higher tax rates apply only to the part of income that falls within each bracket.

Individual Income Tax Brackets

These rates apply to each dollar of income within the bracket. These rates exclude ACC earners' levy.

$0 – $15,600 First personal income bracket.
10.5%
$15,601 – $53,500 Second personal income bracket.
17.5%
$53,501 – $78,100 Third personal income bracket.
30%
$78,101 – $180,000 Fourth personal income bracket.
33%
$180,001 And Over Top personal income bracket.
39%
Business & Entity Rates

Company, Business, Trust & GST Tax Rates

The right tax rate depends on how income is earned and which structure applies. These rates are a practical guide for common New Zealand taxpayers and entities.

Business & Company Rates

Business income may be taxed differently depending on whether the taxpayer is self-employed, a company, a Māori authority, or another type of organisation.

Self-Employed Individual Rates
Most Companies 28%
Māori Authorities 17.5%
Registered Incorporated Non-Profits 28%

Trust & GST Rates

Trust taxation depends on whether income is retained by the trust, distributed to beneficiaries, or covered by specific exceptions. GST is separate from income tax.

Trustee Income Up To $10,000 33%
Trustee Income Over $10,000 39%
Disabled Beneficiary Trusts 33%
Standard GST Rate 15%

New Zealand Tax Rate Guidance For Better Planning

Understanding New Zealand tax rates can help individuals, sole traders, rental property owners, companies, trusts, clubs, charities, and small businesses make better financial decisions. Tax rates affect how income is calculated, how much tax may be payable, and whether provisional tax, terminal tax, GST, or other tax responsibilities may need attention.

Guardian Accounting helps clients look beyond the percentage rate. The right tax outcome often depends on structure, income type, deductible expenses, business records, GST registration, shareholder salary, trust income, rental property income, and whether tax planning should be done before the end of the financial year.

Based in Howick, Guardian Accounting supports clients across East Auckland, wider Auckland, North Auckland, and New Zealand with tax returns, tax planning, business accounting, trust accounting, rental property accounting, Xero, MYOB, valuations, and practical financial advice.

Helpful Client Resources

Explore related Guardian Accounting resources to plan tax timing, payment dates, and accounting support.

Key Tax Dates → Tax Planning & Consultancy → Business Accounting → Ask Guardian Accounting →
FAQ

Common Questions About Tax Rates

These answers help visitors understand how tax rates work and when it makes sense to get accounting advice.

No. New Zealand has progressive tax rates. This means each rate applies only to the part of your income that falls within that bracket, not necessarily to your total income.
Generally, self-employed people are taxed at individual income tax rates. A company is usually taxed separately at the company tax rate, but the best structure depends on the situation.
Most New Zealand companies pay income tax at 28%. Other structures, such as self-employed taxpayers, trusts, and Māori authorities, may use different rates.
Trustee income can be taxed at 33% or 39% depending on the trust’s income and circumstances. There are also exceptions, so trust tax should be reviewed carefully.
Yes. Guardian Accounting can help review your income, business structure, records, GST position, and tax planning needs so you can understand the right next step.
Yes. Guardian Accounting is based in Howick and supports clients across East Auckland, wider Auckland, North Auckland, and New Zealand where remote accounting support is suitable.

Need Help Understanding Your Tax Position?

Talk to Guardian Accounting about individual tax, business tax, company tax, trust tax, GST, provisional tax, or practical tax planning before decisions become stressful.

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