New Income Tax Brackets For 2024 Nz

New Income Tax Brackets For 2024 Nz. 10.50%, 17.50%, 30% , 33% and 39%. How much tax you pay depends on your taxable income.

Learn how to estimate your income tax with easy steps focusing on taxable income and understanding the results. The new bands mean that the 10.5 percent tax rate applies on income to $15,600, while the 17.5 percent tax rate will apply to income between $15,601 and $53,500.