Tax Rates 2024 New Zealand

Tax Rates 2024 New Zealand. The 2024 budget introduces a $3.7 billion annual tax package, benefiting workers earning over $14,000. A change in tax rates with effect as from 1 july 2024, while likely to be welcomed by workers, will result in employers and payroll software developers (and.

The new tax thresholds will be $15,600 (up from $14,000 for the 10.5% rate), $53,500 (up from $48,000 for 17.5%) and $78,100 (up from $70,000 for 30%). If this situation applies to you, you can call inland revenue on.