Tax Brackets For 2024 New Zealand. Discover the latest changes to new zealand's tax brackets and how they impact sole traders. There are 5 paye tax brackets in nz for individuals.

Workers will get their first tax cuts in 14 years after the budget 2024 delivers the government’s promised income tax cuts. New zealand has a bracketed income tax system with four income tax brackets, ranging from a low of 11.50% for those earning under $14,000 to a high of 35.50% for those earning more.