Tax Brackets For 2024 Nz. Change paye m and ml and secondary tax codes from 31 july 2024. Tax codes help your employer (or whoever pays you) work out how much tax to deduct from your pay, benefit or pension.
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%). Introduce new thresholds for the 2025/26 income year.
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