New Tax Brackets 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%). One of the major changes is the revision of personal income tax rates.

These new tax rates aim to ensure a fair and progressive tax system while supporting economic recovery and social welfare initiatives. Find key information you need regarding tax in new zealand here.