Tax Brackets
$0 to $15,600
10.5%
Company (Business) Tax Rate
flat rate on profits
Goods and Services Tax (GST)
15% standard consumption tax
Rates
A tax you on the property you own paid to your local council.
Rates
General Rate (Standard): $2,342.86 (0.277262 cents per dollar of capital value)
Sewerage: $780.69 (0.092390 cents per dollar of capital value)
Water (Connected): $621.57 (0.073559 cents per dollar of capital value)
Land Drainage: $392.43 (0.046442 cents per dollar of capital value)
Uniform Annual General Charge (UAGC): $213.00 (fixed charge per separately used part of a property)
Waste Minimisation: $170.18 (fixed charge)
Active Travel: $20.00 (fixed charge)
Heritage (Arts Centre): $2.22 (value-based) [1, 2, 3, 4, 5]
: $15,601 to $53,500
17.5%
Goods and Services Tax (GST)
standard consumption tax on services and goods
Company Tax rate
28% on profits
Excise Tax
Governments usually place this tax on items like alcohol, tobacco, and fuel or unhealthy activities
Excise Tax
Tax Share: Excise duty (and 15% Goods and Services Tax (GST) ) combined make up approximately 80% of the retail price of a legal packet of cigarettes in New Zealand
53,501 to $78,100
30%
Resident Withholding Tax (RWT)
tax deducted automatically from interest or dividends earned on local investments and bank accounts before the money is paid to you.
Resident Withholding Tax (RWT) Range?
10.5% to 39% based on income
Tourism tax
a new tax to help pay for the costs of over tourism such as toilets, tracks, huts in national parks etc
Tourism Tax
It costs NZD $100 per person and is paid by most international visitors alongside their
$78,101 to $180,000
33%
Fringe Benefit Tax (FBT)
a tax that employers pay on non-cash perks and benefits given to employees in addition to their regular salary or wages
Fringe Benefit Tax (FBT) Rate
49.25% on non-cash benefits
Vehicle Registration (Car lisenceing charge)
A tax on the use of a vehicle on the roads
Vehicle Registration (Car lisenceing charge)
$181.45 online (including the ACC levy and online admin fee)
180,001 and over
39%
Capital Gains Tax
A tax on the profit from selling assets
Capital Gains tax (could be added by a Labour lead Government)
28% capital gains tax rate on profits from the sale of commercial and residential investment properties
Road User Tax
A tax on diesel vehicles that are driven on the roads such as trucks, buses and commercial vehicles + some diesel cars
Road User Tax
Light Diesel Vehicle (under 3.5 tonnes): $76 per 1,000 kmBattery
Electric Vehicle (EV): $76 per 1,000 km
Plug-in Hybrid (PHEV): $38 per 1,000 km
Heavy vehicles (over 3,500 kg) and commercial trucks use separate, tiered weight-and-axle rate structures