Income Tax Brackets 2024 Nz. Using secondary tax codes lets your payer know the right amount of tax to deduct from your secondary source of income. The new tax thresholds will be $15,600 (up from $14,000 for the 10.5% rate), $53,500 (up from $48,000 for 17.5%) and $78,100 (up from $70,000 for 30%).
The new zealand government has updated the personal income tax brackets, making adjustments that can affect how much tax youโll pay based on your income. Tax stats 2024/2025 is a guide to key new zealand tax stats, tax rates and facts.