Income Tax Rates 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%). The key issue to be aware of is that for payroll purposes, thresholds should adjust from 31 july, but the 2024/25 tax year will be considered a โcompositeโ year, and.
The total rates you will pay for the current rating year โ 1 july 2024 to 30 june 2025; You will receive a further increase to nz.