NZ Tax Rates 2026/27

A complete reference of all current New Zealand tax rates, thresholds, and levies for the 2026/27 tax year (1 April 2026 to 31 March 2027). All rates sourced from Inland Revenue (IRD), ACC, and relevant legislation.

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Personal Income Tax (PAYE) Rates

New Zealand uses a progressive tax system. Each bracket only applies to the income within that range, not your entire income.

Taxable Income	Rate	Tax on Bracket	Cumulative Tax
$0 to $15,600	10.5%	$1,638	$1,638
$15,601 to $53,500	17.5%	$6,632.50	$8,270.50
$53,501 to $78,100	30%	$7,380	$15,650.50
$78,101 to $180,000	33%	$33,627	$49,277.50
Over $180,000	39%	Varies	Varies

ACC Earners Levy

The ACC earners levy is deducted from all salary and wage earners and self-employed individuals to fund accident cover.

Period	Levy Rate	Maximum Liable Earnings	Maximum Annual Levy
2026/27	1.75%	$145,014	$2,537.75
2025/26	1.67%	$142,283	$2,376.13
2024/25	1.60%	$139,384	$2,230.14

Employer Superannuation Contribution Tax (ESCT)

ESCT applies to employer contributions to KiwiSaver and other superannuation schemes. The rate depends on the employee's total ESCT rate threshold amount.

ESCT Rate Threshold (salary + employer contributions)	ESCT Rate
$0 to $16,800	10.5%
$16,801 to $57,600	17.5%
$57,601 to $84,000	30%
$84,001 to $216,000	33%
Over $216,000	39%

Resident Withholding Tax (RWT) Rates

Income Range	RWT Rate (Interest)
$0 to $15,600	10.5%
$15,601 to $53,500	17.5%
$53,501 to $78,100	30%
$78,101 to $180,000	33%
Over $180,000	39%

If you do not provide your IRD number to your bank, a default rate of 33% (or 45% for non-residents) is applied.

Portfolio Investment Entity (PIE) Tax Rates

Taxable Income	Prescribed Investor Rate (PIR)
$0 to $15,600	10.5%
$15,601 to $53,500	17.5%
Over $53,500	28%

PIE rates are capped at 28%, which is lower than the top personal rate of 39%. This makes PIE funds tax-advantaged for higher earners.

Company and Trust Tax Rates

Entity Type	Tax Rate
New Zealand resident company	28%
Non-resident company (NZ-sourced income)	28%
Trustee income (complying trust)	33%
Non-complying trust	45%
Foreign trust (NZ-sourced)	33%

GST

Item	Rate / Threshold
Standard GST rate	15%
Compulsory registration threshold	$60,000 turnover in 12 months
Zero-rated supplies	0% (exports, financial services B2B, going concerns)
GST-exempt supplies	Financial services (B2C), residential rent, donated goods

Fringe Benefit Tax (FBT) Rates

Method	FBT Rate	Notes
Single rate (quarterly)	63.93%	Applied to the taxable value of all fringe benefits
Alternate rate (Q4 attribution)	49.25%	For employees earning under $160,000 (incl. benefits)
Alternate rate (Q4 attribution)	63.93%	For employees earning $160,000+ (incl. benefits)
Pooling rate	49.25%	If attributed to individual employees

Student Loan Repayment

Item	2026/27
Repayment rate	12%
Annual repayment threshold (salary/wages)	$24,128
Interest rate (NZ-based borrowers)	0%
Interest rate (overseas-based borrowers)	~3.1%

Independent Earner Tax Credit (IETC)

Income Range	IETC Amount
$24,000 to $44,000	$520/year ($10/week)
$44,001 to $48,000	Abates at 13c per dollar over $44,000
Over $48,000	Nil

The IETC is available to individuals who do not receive Working for Families, NZ Super, or a main benefit.

Key Tax Dates 2026/27

Date	Event
1 April 2026	New tax year begins. New ACC levy, minimum wage, KiwiSaver default rates take effect.
7 May 2026	3rd instalment of 2025/26 provisional tax due (standard method)
7 July 2026	Individual income tax returns (IR3) due for 2025/26 (if no tax agent)
28 August 2026	1st instalment of 2026/27 provisional tax due
15 January 2027	2nd instalment of 2026/27 provisional tax due
31 March 2027	End of 2026/27 tax year
7 May 2027	3rd instalment of 2026/27 provisional tax due