1.75%
ACC Earners Levy (incl GST)
A complete reference of all current New Zealand tax rates, thresholds, and levies for the 2026/27 tax year (1 April 2026 to 31 March 2027). All rates sourced from Inland Revenue (IRD), ACC, and relevant legislation.
PAYE Calculator
GST Calculator
Income Tax Calculator
Personal Income Tax (PAYE) Rates
New Zealand uses a progressive tax system. Each bracket only applies to the income within that range, not your entire income.
| Taxable Income | Rate | Tax on Bracket | Cumulative Tax |
|---|
| $0 to $15,600 | 10.5% | $1,638 | $1,638 |
| $15,601 to $53,500 | 17.5% | $6,632.50 | $8,270.50 |
| $53,501 to $78,100 | 30% | $7,380 | $15,650.50 |
| $78,101 to $180,000 | 33% | $33,627 | $49,277.50 |
| Over $180,000 | 39% | Varies | Varies |
ACC Earners Levy
The ACC earners levy is deducted from all salary and wage earners and self-employed individuals to fund accident cover. The rates below are GST-inclusive, the amount actually deducted through PAYE and the figure IRD publishes (the regulations also express it GST-exclusive, for example $1.52 per $100 for 2026/27).
| Period | Levy Rate (incl GST) | Maximum Liable Earnings | Maximum Annual Levy |
|---|
| 2026/27 | 1.75% | $156,641 | $2,741.22 |
| 2025/26 | 1.67% | $152,790 | $2,551.59 |
| 2024/25 | 1.60% | $142,283 | $2,276.53 |
Employer Superannuation Contribution Tax (ESCT)
ESCT applies to employer contributions to KiwiSaver and other superannuation schemes. The rate depends on the employee's total ESCT rate threshold amount.
| ESCT Rate Threshold (salary + employer contributions) | ESCT Rate |
|---|
| $0 to $18,720 | 10.5% |
| $18,721 to $64,200 | 17.5% |
| $64,201 to $93,720 | 30% |
| $93,721 to $216,000 | 33% |
| Over $216,000 | 39% |
Resident Withholding Tax (RWT) Rates
| Income Range | RWT Rate (Interest) |
|---|
| $0 to $15,600 | 10.5% |
| $15,601 to $53,500 | 17.5% |
| $53,501 to $78,100 | 30% |
| $78,101 to $180,000 | 33% |
| Over $180,000 | 39% |
If you do not provide your IRD number to your bank, a default rate of 33% (or 45% for non-residents) is applied.
Portfolio Investment Entity (PIE) Tax Rates
| Taxable Income | Prescribed Investor Rate (PIR) |
|---|
| $0 to $15,600, and taxable plus PIE income $53,500 or less | 10.5% |
| $15,601 to $53,500, and taxable plus PIE income $78,100 or less | 17.5% |
| Anything else, including no rate supplied | 28% |
There are two tests for each rate and both must be met: your taxable income, and your taxable income plus attributed PIE income. A modest salary with large PIE income still lands on 28%. The rate is worked out for each of the last two income years and you use the lower of the two. PIE rates are capped at 28%, which is lower than the top personal rate of 39%, so PIE funds are tax-advantaged for higher earners. See our PIE PIR rate calculator to work yours out.
Company and Trust Tax Rates
| Entity Type | Tax Rate |
|---|
| New Zealand resident company | 28% |
| Non-resident company (NZ-sourced income) | 28% |
| Trustee income (complying trust) | 39% |
| Trustee income, de minimis trust ($10,000 or less for the year) | 33% |
| Non-complying trust | 45% |
| Foreign trust (NZ-sourced) | 33% |
The trustee tax rate rose from 33% to 39% on 1 April 2024. A de minimis rule keeps the 33% rate where a trust's trustee income for the income year is $10,000 or less after deductible expenses, and the de minimis is worked out separately for each trust. Disabled beneficiary trusts and energy consumer (lines) trusts stay on 33% regardless of income, and a deceased estate is taxed at 33% for the year of death and the following three income years. Source: Inland Revenue, "Trustee tax rates".
GST
| Item | Rate / Threshold |
|---|
| Standard GST rate | 15% |
| Compulsory registration threshold | $60,000 turnover in 12 months |
| Zero-rated supplies | 0% (exports, financial services B2B, going concerns) |
| GST-exempt supplies | Financial services (B2C), residential rent, donated goods |
Fringe Benefit Tax (FBT) Rates
| Method | FBT Rate | Notes |
|---|
| Single rate (quarterly) | 63.93% | Applied to the taxable value of all fringe benefits |
| Alternate rate (Q4 attribution) | 49.25% | For employees earning under $160,000 (incl. benefits) |
| Alternate rate (Q4 attribution) | 63.93% | For employees earning $160,000+ (incl. benefits) |
| Pooling rate | 49.25% | If attributed to individual employees |
Student Loan Repayment
| Item | 2026/27 |
|---|
| Repayment rate | 12% |
| Annual repayment threshold (salary/wages) | $24,128 |
| Interest rate (NZ-based borrowers) | 0% |
| Interest rate (overseas-based borrowers) | 5.6% |
Independent Earner Tax Credit (IETC)
| Income Range | IETC Amount |
|---|
| $24,000 to $66,000 | $520/year ($10/week) |
| $66,001 to $70,000 | Abates at 13c per dollar over $66,000 |
| Over $70,000 | Nil |
The IETC is available to individuals who do not receive Working for Families, NZ Super, or a main benefit.
Key Tax Dates 2026/27
| Date | Event |
|---|
| 1 April 2026 | New tax year begins. New ACC levy, minimum wage, KiwiSaver default rates take effect. |
| 7 May 2026 | 3rd instalment of 2025/26 provisional tax due (standard method) |
| 7 July 2026 | Individual income tax returns (IR3) due for 2025/26 (if no tax agent) |
| 28 August 2026 | 1st instalment of 2026/27 provisional tax due |
| 15 January 2027 | 2nd instalment of 2026/27 provisional tax due |
| 31 March 2027 | End of 2026/27 tax year |
| 7 May 2027 | 3rd instalment of 2026/27 provisional tax due |
