New Zealand
Both resident and non-resident taxpayers pay tax at the rate of 19.5% on the first part of their income and then 33%.
The tax year end is 31 March.
Sales tax is currently at 12.5%.
Most capital gains are not taxable.
Other taxes include gift duty (rates from 0% to 25% on the donation of property), fringe benefit tax (e.g. on company cars, payable by the employer, currently at 49%) and the accident rehabilitation and compensation levy (based on the employees circumstances).
New Zealand links
This page was last reviewed on 03 April 2006. The information may not reflect changes in legislation made after this date.
This is only a guide to your tax position and should not be relied on in place of professional accounting or tax advice. Any calculated figures are illustrative and are based on the data you provided.
