What Are The New Tax Brackets For 2024 Nz

What Are The New Tax Brackets For 2024 Nz. 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%). See the new tax rates for nz in 2024

Any change to the income tax thresholds will also result in corresponding changes. The new zealand government has updated the personal income tax brackets, making adjustments that can affect how much tax you’ll pay based on your income.