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NZ Tax Tools

NZ Income Tax Calculator 2025-26 & 2026-27

Calculate your New Zealand income tax for 2025-26 or 2026-27 using current IRD tax brackets. Includes full bracket, marginal-rate, and effective-rate breakdown.

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Looking for NZ tax brackets rather than a calculator?

If you just need the full 2025-26 or 2026-27 tax bands, thresholds, ACC levy cap, student loan threshold, or KiwiSaver minimums, use our NZ Tax Rates reference page. If you need to confirm your PAYE code, use the Tax Code Checker.

How NZ Income Tax Is Calculated

New Zealand uses a progressive tax system — higher slices of income are taxed at higher rates, but only the income within each bracket is taxed at that bracket's rate. There is no tax-free threshold: tax applies from the first dollar earned.

For the 2025-26 tax year (1 April 2025 – 31 March 2026), the brackets are:

Income Band Rate
$0 – $15,60010.5%
$15,601 – $53,50017.5%
$53,501 – $78,10030%
$78,101 – $180,00033%
$180,001+39%

Marginal rate vs effective rate: your marginal rate is the rate on your last dollar of income — the highest bracket you reach. Your effective rate is total tax divided by total income, and will always be lower than your marginal rate because lower brackets are taxed at lower rates.

For most employees, tax is collected automatically via PAYE (Pay As You Earn). Your employer deducts income tax from each pay run and remits it to IRD, so you rarely need to file a return. Self-employed individuals and those with other income sources file directly with IRD.

Frequently asked questions

What are the NZ income tax rates for 2025-26?

For 2025-26: 10.5% on $0–$15,600; 17.5% on $15,601–$53,500; 30% on $53,501–$78,100; 33% on $78,101–$180,000; 39% on income over $180,000. There is no personal allowance — tax applies from the first dollar.

Is there a tax-free threshold in New Zealand?

No. Unlike Australia or the UK, New Zealand has no personal allowance or tax-free threshold. Tax is payable from the first dollar of income earned.

What is a marginal tax rate?

Your marginal tax rate is the rate applied to your last dollar of income — the highest bracket you fall into. It differs from your effective rate, which is your total tax as a percentage of gross income.

What is PAYE?

PAYE (Pay As You Earn) is the system employers use to deduct income tax from wages and salaries before paying employees. IRD sets the rates and your employer remits the tax directly.

Sources

Tax rates sourced from Inland Revenue (IRD). Rates correct for 2024-25 and 2025-26 tax years (1 April – 31 March).

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Last updated March 2026. Rates sourced from IRD.

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Last updated 1 May 2026Tax year 2025-26

Data sources: Inland Revenue (ird.govt.nz)

This tool is general information only, not financial advice.

Reviewed by NZ Tax Tools Editorial Desk

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