The Personal Income Tax Rate in New Zealand stands at 33 percent.

Personal Income Tax Rate in New Zealand averaged 35.21 percent from 2004 until 2020, reaching an all time high of 39 percent in 2005 and a record low of 33 percent in 2011. This page provides - New Zealand Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Personal Income Tax Rate - values, historical data and charts - was last updated on October of 2020.

Personal Income Tax Rate in New Zealand is expected to reach 33.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Personal Income Tax Rate is projected to trend around 33.00 percent in 2021, according to our econometric models.

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New Zealand Personal Income Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
33.00 33.00 39.00 33.00 2004 - 2020 percent Yearly

New Zealand Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 28.00 28.00 48.00 28.00 percent [+]
Personal Income Tax Rate 33.00 33.00 39.00 33.00 percent [+]
Sales Tax Rate 15.00 15.00 15.00 12.50 percent [+]
Social Security Rate 11.00 11.00 11.00 0.00 percent [+]
Social Security Rate For Companies 3.00 3.00 3.00 0.00 percent [+]
Social Security Rate For Employees 8.00 8.00 8.00 0.00 percent [+]


New Zealand Personal Income Tax Rate
In New Zealand, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of New Zealand.