NZ Tax Rates 2025-26
All current New Zealand tax rates, brackets, and thresholds for the 2025-26 tax year (1 April 2025 – 31 March 2026).
Income Tax Brackets
New Zealand uses a progressive tax system with no personal allowance — tax applies from the first dollar.
| Income Range | Rate | Tax on Band | Cumulative Tax |
|---|---|---|---|
| $0 – $15,600 | 10.5% | $1,638 | $1,638 |
| $15,601 – $53,500 | 17.5% | $6,632.50 | $8,270.50 |
| $53,501 – $78,100 | 30% | $7,380 | $15,650.50 |
| $78,101 – $180,000 | 33% | $33,627 | $49,277.50 |
| $180,001+ | 39% | — | — |
These are the full-year 2025-26 brackets. The 2024-25 year used blended thresholds ($14,530/$49,883/$72,743) due to a mid-year rate change on 31 July 2024. Calculate your income tax →
ACC Earner's Levy
| Tax Year | Rate | Cap | Maximum Levy |
|---|---|---|---|
| 2025-26 | 1.67% | $152,790 | $2,551.59 |
| 2024-25 | 1.60% | $139,384 | $2,230.14 |
KiwiSaver Contribution Rates
| Type | Rate |
|---|---|
| Employee contribution | 3%, 4%, 6%, 8%, or 10% |
| Employer contribution (minimum) | 3% |
Student Loan Repayment
| Detail | Amount |
|---|---|
| Repayment rate | 12% |
| Annual threshold | $24,128 |
| Interest (NZ-based) | 0% |
GST
| Detail | Amount |
|---|---|
| Standard rate | 15% |
| Registration threshold | $60,000/year |
Independent Earner Tax Credit (IETC)
| Income Range | Annual Credit |
|---|---|
| Below $24,000 | $0 |
| $24,000 – $66,000 | $520 (full) |
| $66,001 – $70,000 | $520 → $0 (abates 13c/$1) |
| Over $70,000 | $0 |
Bright-Line Property Test
| Purchase Date | Bright-Line Period |
|---|---|
| On or after 1 July 2024 | 2 years |
| 27 March 2021 – 30 June 2024 | 10 years |
| 29 March 2018 – 26 March 2021 | 5 years |
| 1 October 2015 – 28 March 2018 | 2 years |
Calculate Your Tax
Use our free calculators to see exactly how these rates affect your pay.
Sources
All rates sourced from Inland Revenue (IRD) and ACC.
Last updated March 2026. Rates sourced from IRD.