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Who pays income tax… and how much?

The table below is projected for the tax year 2018/19 (1 April 2018 to 31 March 2019) by the Treasury’s microsimulation model TAWA. It includes tax on New Zealand Superannuation and major social welfare benefits, but excludes ACC levies, Working for Families and Independent Earner tax credits.

Only individuals of working age are included, ie, 16 years and above.

Annual individual
taxable income ($)
Number of people Tax paid
(000) % ($m) %
Zero  367 10  0 0
1 – 10,000  333 9  150 0
10,001 – 20,000  616 16 1,150 3
20,001 – 30,000  562 15 1,860 5
30,001 – 40,000  342 9 1,760 5
40,001 – 50,000  327 9 2,240 6
50,001 – 60,000  296 8 2,810 8
60,001 – 70,000  212 6 2,640 8
70,001 – 80,000  180 5 2,790 8
80,001 – 90,000  126 3 2,370 7
90,001 – 100,000  95 3 2,100 6
100,001 – 125,000  117 3 3,280 9
125,001 – 150,000  78 2 2,790 8
150,001+  122 3 8,670 25
All 3,773 100 34,610 100

Access to the Household Economic Survey data was provided by Statistics New Zealand under conditions designed to give effect to the security and confidentiality provisions of the Statistics Act 1975.

The results presented here are the work of the Treasury, not Statistics New Zealand. Figures may not sum to totals due to rounding.

Personal income tax scale

10.5c per $1 on annual taxable income up to $14,000
17.5c per $1 on annual taxable income between $14,001 and $48,000
30c per $1 on annual taxable income between $48,001 and $70,000
33c per $1 on annual taxable income over $70,000

Company tax rate

The company tax rate is 28%

Goods and services tax (GST) rate

The GST rate is 15%

Last updated: 
Thursday, 17 May 2018