New Zealand income tax rates
Progressive personal income tax rate bands applying to individuals, set by Schedule 1 Part A clause 1 of the Income Tax Act 2007.
| Current value | 5 entries — see the API for the full schedule |
|---|---|
| In force from | 2025-04-01 |
| Official source | Inland Revenue (Te Tari Taake), 'Tax rates for individuals' — rates and thresholds from 1 April 2025; statutory basis Income Tax Act 2007 Schedule 1 Part A clause 1, thresholds as amended by the Taxation (Budget Measures) Act 2024 |
| Last verified | 2026-07-20 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
These are the bands IN FORCE for the 2026-27 income year (1 April 2026 to 31 March 2027) and they are UNCHANGED from 2025-26 — Budget 2026 legislated no threshold or rate change, so effective_from remains 1 April 2025 rather than 1 April 2026. Native period is the New Zealand income year ending 31 March; native currency NZD. Bands are cumulative/marginal: each rate applies only to the slice of taxable income within its band. There is NO tax-free threshold — the first dollar of income is taxed at 10.5%. HISTORY NUANCE THAT TRAPS STALE DATA: the thresholds were raised with effect from 31 JULY 2024, mid-way through the 2024-25 income year. Because a New Zealand income year cannot have two rate scales, Parliament enacted COMPOSITE blended thresholds for 2024-25 only (e.g. a blended 15,600/53,500-equivalent scale with intermediate figures such as 14,000/15,600 and 48,000/53,500 pro-rated across the year). Those composite 2024-25 figures are NOT the rates in force now and must not be served; the figures above are the clean post-transition thresholds that have applied from 1 April 2025 onward. ACC EARNERS' LEVY IS SEPARATE AND ADDITIONAL and is deliberately NOT blended into these rates: for the 2026-27 year the levy is 1.75% (GST-inclusive, up from 1.67%) on earnings up to a maximum liable-earnings ceiling of NZD 156,641 (up from NZD 152,790), a maximum levy of NZD 2,741.22, collected alongside PAYE but imposed under the Accident Compensation Act 2001, not the Income Tax Act. A worker on NZD 60,000 therefore faces a 30% top marginal INCOME TAX rate plus 1.75% ACC, but the statutory income tax rate served here is 30%. Other separate deductions also excluded: KiwiSaver employee contributions (default rate rose from 3% to 3.5% on 1 April 2026) and student loan repayments (12% above an annual repayment threshold of NZD 24,128, unchanged from the 2025-26 year). Tax credits that reduce liability without altering the bands include the Independent Earner Tax Credit (up to NZD 520 a year, abating over NZD 24,000-70,000 of income). Non-residents are taxed on New Zealand-sourced income using the same scale. ACCESS QUIRK: the IRD rates page carried a 'last updated 3 June 2025' stamp at time of verification and presents the scale as 'from 1 April 2025' without separately naming the 2026-27 year, which is consistent with no change having been made.
Get it programmatically
curl https://ausref.dev/v1/nz/income-tax
# $0.001 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://ausref.dev/v1/nz/income-tax/history?from=2020-01-01
# Provenance: curl https://ausref.dev/provenance/nz/income-taxOther New Zealand series: policy interest rate · VAT rate · minimum wage · public holidays · inflation rate (CPI) · corporate tax rate