Individual Tax Rates 2024 Nz. Increasing the personal income tax thresholds for the bottom three income. Using these rates means less chance of people getting a tax bill at the end of the tax year.

A change in tax rates with effect as from 1 july 2024, while likely to be welcomed by workers, will result in employers and payroll software developers (and. We’ll calculate 2025 income tax returns using the annual.