Reference
Last updated: May 2026
A history of New Zealand personal income tax brackets and rates. The thresholds were lifted on 31 July 2024 (the 2024 tax changes), the first move in many years, and a 39% top rate on income over $180,000 was added in April 2021. For the full current-year detail, see our main NZ Tax Rates reference.
Income Tax Calculator PAYE Calculator Tax Bracket Calculator| Taxable income | Rate |
|---|---|
| $0 - $15,600 | 10.5% |
| $15,601 - $53,500 | 17.5% |
| $53,501 - $78,100 | 30% |
| $78,101 - $180,000 | 33% |
| $180,001+ | 39% |
| Taxable income | Rate |
|---|---|
| $0 - $14,000 | 10.5% |
| $14,001 - $48,000 | 17.5% |
| $48,001 - $70,000 | 30% |
| $70,001 - $180,000 | 33% |
| $180,001+ | 39% |
| Date | Change |
|---|---|
| 1 October 2010 | Personal rates cut and GST raised to 15%; top rate set at 33% |
| 1 April 2021 | New 39% top rate introduced on income over $180,000 |
| 31 July 2024 | Bracket thresholds lifted to reduce the effect of bracket creep (the 2024 personal tax changes) |
Between 2010 and 2024 the thresholds were largely unchanged, so wage growth gradually pushed people into higher brackets, an effect known as bracket creep. The 2024 change lifted the thresholds to partly unwind that. New Zealand has no tax-free threshold; the lowest rate applies from the first dollar.
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