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Nz Income Tax Brackets

Different earnings is just not taxed earlier than you receives a commission. This consists of earnings from self-employment or renting out property, and a few abroad earnings. You pay tax on this earnings on the finish of the tax 12 months. The quantity of tax you pay is dependent upon your whole earnings for the tax 12 months. 

Income tax charges

As much as 31 March 2021

Secondary tax charges

As much as 31 March 2021

Tailor-made tax charges for wage, wages and pensions

You should apply for a tailor-made tax code first. If we approve your utility we’ll let you realize what your tailor-made tax fee is.

Schedular fee tax charges

You possibly can select your tax fee for earnings from schedular funds. You’ve got 3 decisions:

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