New Zealand tax facts

Our 2025 New Zealand Tax Facts brochure

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Tax Facts 2025

ACC rates

The earners' account levy is $1.67 per $100 of earnings (GST inclusive) for the 2025/26 income year and the minimum and maximum liable earnings are as follows.

 

Minimum

Maximum

Employees

$1

$152,790

Self-employed people

$49,365

$152,790

Approved Issuer Levy (AIL)

NRWT is deducted at 0% from interest paid by a New Zealand borrower to an overseas lender where the parties are not associated (or the funds originate from an associate), the borrower is an approved issuer and the debt instrument is approved by Inland Revenue. Instead AIL equal to 2% or 0% (for certain securities) of the interest payments is payable.

Calculation of provisional tax

The following applies to individuals, companies and trusts. 

Taxpayer and provisional tax year

Year of RIT used

Standard uplift

2025

2023
2024

110% of RIT
105% of RIT

2026

2024
2025

110% of RIT
105% of RIT

Provisional tax can also be calculated using the estimation option, the GST ratio method (subject to certain criteria being met) or the accounting income method (subject to certain criteria being met). The year used in calculating the uplift is the year of the most recent filed income tax return.

Controlled Foreign Company (CFC) & Foreign Investment Fund (FIF)

CFC

A CFC is a foreign company that is more than 40% controlled by one New Zealand resident or more than 50% controlled by two to five New Zealand residents. Income is taxable in New Zealand if the CFC’s passive income is equal to or more than 5% of the total income earned by the CFC.

Non-portfolio FIF

This is a foreign company owned 10% or more (but not controlled) by New Zealand residents. Taxed either as a CFC or as a portfolio FIF.

Portfolio FIF

This is a foreign company not controlled by New Zealand residents, or a foreign superannuation scheme or foreign life insurance policy. An ownership interest of less than 10% is required. It is taxed using one of five methods:

  • Fair dividend rate (FDR)
  • Cost
  • Comparative value (CV)
  • Deemed rate of return (DRR)
  • Attributable FIF income method

A new method (the revenue account method) has been announced to be available after 1 April 2025 to some FIF investments but is not yet law.

A foreign superannuation scheme entered into by a non-resident is subject to separate rules when lump sum withdrawals are made from the scheme. Regular pensions and commutation payments are taxed as income.

Depreciation

Straight-line or diminishing value can be applied on an asset-by-asset basis. Depreciation rates vary depending on estimated useful life. Individual asset purchases can be immediately deducted if, in most cases, the item cost less than $1,000. Special rules apply where assets using the same depreciation rate are purchased at the same time.

Buildings and fit-outs are treated as follows:

Buildings

Residential buildings are not depreciable. Commercial and industrial buildings are not depreciable from the 2024/25 year

Fit-Outs

Commercial fit-outs are depreciable. Residential fit-outs are non-depreciable, but chattels can be depreciated

Donations

Companies

Allowed a deduction for approved charitable donations up to their taxable income

Individuals

Cash refund for one-third of donations of $5 or more to approved charitable organisations (provided the value of gifts made do not exceed their taxable income)

Employer Superannuation Contribution Tax (ESCT)

ESCT is deductible from employer contributions to superannuation schemes, including employer contributions to KiwiSaver.

Income plus superannuation contributions

Rate

$0 - $18,720

10.5%

$18,721 - $64,200

17.5%

$64,201 - $93,720

30%

$93,721 - $216,000

33%

Over $216,000

39%

Fringe Benefit Tax (FBT) rates

Quarters one to three

Quarter four

63.93% (single rate)

63.93% (single rate) or the alternate rate calculation (see below)

49.25% (pooled alternate rate)

49.25% (pooled alternate rate)

49.25% (alternate rate)

Alternate rate calculation (see below)

The alternate rate calculation applies the following rates.

Income plus fringe benefits

Rate

$0 – $13,962

11.73%

$13,963 - $45,230

21.21%

$45,231 - $62,450

42.86%

$62,451 - $130,723

49.25%

Over $130,723

63.93%

Goods & Services Tax (GST)

GST is charged at the rate of 15% on all taxable supplies made in New Zealand. To find the GST component of a GST inclusive amount, multiply by 3/23. Non-resident businesses can be refunded GST paid on New Zealand purchases, in some cases.

Imputation credits

The maximum imputation ratio is 28:72. Dividends are subject to resident withholding tax (RWT) at the rate of 33% to the extent the dividend is unimputed. Generally, an additional 5% RWT must be withheld where dividends are imputed at 28%, but this is not compulsory where the recipient is a company. The imputation credit account must have a credit balance at 31 March, or a 10% penalty will apply to the debit balance.

Income tax rates

Individuals 

Income 

Rate

$0 – $15,600

10.5%

$15,601 - $53,500

17.5%

$53,501 - $78,100

30%

$78,101 - $180,000

33%

Over $180,000

39%

Companies

 

Rate

Companies (including branches or permanent establishments of non-resident companies and unit trusts)

28%

Trusts

 

Rate

Trustee income <$10,001

33%

Trustee income >$10,000

39%

Trustee income of deceased estates in first four years

33%

Trustee income of disabled beneficiary trusts

33%

Beneficiary income (excluding minor beneficiaries)

Individual rates (see above)

Beneficiary income of corporate beneficiaries

39%

Minor beneficiaries (under age 16) with beneficiary income over $1,000 per trust

 39%

Distributions from non-complying trusts

45%

Flow-through entities 

 

Rate

Limited partnerships (LP) and look-through companies (LTC)

Partner’s or owner’s rates (see categories above)

Interest deductibility on residential rental property

For residential property acquired on or after 27 March 2021, interest incurred from 1 October 2021 to 31 March 2024 is not tax deductible. Interest incurred on those properties after 1 April 2024 is deductible, consistent with properties acquired before 27 March 2021.

For property acquired before 27 March 2021, interest deductibility was reduced until 31 March 2024 and has now been restored, with full deductions allowed from 1 April 2025. The percentages of interest that are denied a deduction are as follows:

Period that interest is incurred

Percentage denied

1 October 2021 to 31 March 2022

25%

1 April 2022 to 31 March 2023

25%

1 April 2023 to 31 March 2024

50%

1 April 2024 to 31 March 2025

20%

On and after 1 April 2025

0%

New builds with a code compliance certificate issued on or after 27 March 2020 are not subject to the above restrictions.

KiwiSaver contributions

 

Rate

Employee contribution

3, 4, 6, 8 or 10%

Employer contribution

3%

Member tax credit

50c for each $1 contributed by a member, to a maximum of $521.43

Motor vehicles kilometre rate

Available options are: 

  • The Inland Revenue kilometre rate for motor vehicles
  • Other published mileage rates (e.g. AA rates)
  • Actual costs 

Inland Revenue kilometre rates for the 2023-2024 income year are as follows. The rates for the 2024-2025 income year will be published in May 2025.

Vehicle type

First 14,000km

After 14,000km

Petrol or diesel

$1.04

35 cents

Petrol hybrid

$1.04

21 cents

Electric

$1.04

12 cents

Non-Resident Withholding Tax (NRWT)

 

Interest

Dividends

Royalties

Default

0, 15%

0, 15 or 30%

15%

Australia

0, 10%

0, 5, 15%

5%

China

0, 10%

0, 15%

10%

France

0, 10%

0, 15%

10%

Germany

0, 10%

0, 15%

10%

Hong Kong

0, 10%

0, 5, 15%

5%

Japan

0, 10%

0, 15%

5%

Singapore

0, 10%

0, 5, 15%

5%

UK

0, 10%

0, 15%

10%

USA

0, 10%

0, 5, 15%

5%

Where a double tax agreement exists, the default NRWT rates may be reduced. Above are examples of rates for some common treaty partners (also including reduced rates where New Zealand rules permit). New Zealand’s extensive treaty network means specific rates are dependent on individual circumstances (please seek professional advice).

Portfolio Investment Entities (PIEs)

Resident individual investors 

Income (worldwide)

Income plus PIE income/loss

Rate

$0 - $15,600

$0 – $53,500

10.5%

$0 - $53,500

$0 - $78,100

17.5%

All others

28%

Both thresholds must be met for the rate to apply. Row two applies if Row one thresholds not met. Income is measured for either of the past two years. Trust, corporate and non-resident investors are subject to rates of between 0% and 30%, depending on type of entity and other relevant circumstances. Please seek professional advice.

Prescribed interest rates for low-interest loans

Quarters between

Rate

01/07/2020 to 30/06/2022

4.50%

01/07/2022 to 31/12/2022

4.78%

01/01/2023 to 31/03/2023

6.71%

01/04/2023 to 30/09/2023

7.89%

From 01/10/2023

8.41%

These rates are also used to calculate the value of a deemed dividend arising where funds are lent by a company to its shareholders.

Provisional and terminal tax payment dates

The number of times provisional tax is payable depends on the option used to calculate provisional tax and how many times GST (if registered) is paid. Examples of payment dates for the most common balance dates are below. If the due date is not a working day, then it moves to the next working day. Terminal tax dates shown apply to taxpayers linked to a tax agent.

 

31 Mar

30 Jun

31 Dec

2025

2026

2025

2026

2025

2026

First instalment

28 Aug 2024

28 Aug 2025

28 Nov 2024

28 Nov 2025

28 May 2025

28 May 2026

Second instalment

15 Jan 2025

15 Jan 2026

28 Mar 2025

28 Mar 2026

28 Sep 2025

28 Sep 2026

Third instalment

7 May 2025

7 May 2026

28 Jul
2025

28 Jul
2026

28 Jan 2026

28 Jan 2027

Terminal tax

7 Apr 2026

7 Apr 2027

7 Apr
2026

7 Apr
2027

15 Jan 2027

15 Jan 2028

Research and development tax credit

A tax credit of 15% is available on specified research and development spending and is refundable in some circumstances. Pre-approval of activities must be sought before claiming the R&D credit.

Resident Withholding Tax (RWT) on interest
 

Rate

Individual income bands

 
$0 - $15,600

10.5%

$15,601 - $53,500

17.5%

$53,501 - $78,100

30%

$78,101 - $180,000

33%

Over $180,000

39%

Companies

28%

Trusts

17.5, 30, 33 or 39%

Default (IRD number supplied)

33%

IRD number not supplied

45%

All dividends and interest paid must be reported to Inland Revenue by the 20th of the month following payment, including details of the recipients of the interest or dividend.

Residential Land Withholding Tax (RLWT)

RLWT, generally at the lesser of 39% of the gain or 10% of the sale price, must be deducted from the proceeds of residential property sales made by offshore persons where the property has been owned for less than two years.

The vendor can file a tax return to recover any overpayment.

Student loans

The repayment threshold remains $24,128, with the repayment rate at 12%. Temporary repayment suspensions are one year in length for borrowers who apply for them when they’re going overseas. Losses cannot be used against income to reduce a liability for student loan repayments.

Tax penalties

Tax shortfall 

Lack of reasonable care

Unacceptable tax position

Gross carelessness

Abusive tax position

Evasion

20%

20%

40%

100%

150%

These penalties may be reduced where a voluntary disclosure is made or the shortfall is temporary, as well as for previous good behaviour.

Late filing

Return type

Penalty

Income tax

$50 to $500

Employer monthly schedule

$250

GST

$50 or $250

Multinational top-up tax

$500

ICA or reconciliation statement

$250

Late payment

Date

Penalty

Day following due date

1%

Seven days following due date

4%

Thin capitalisation ratios

Interest deductions can be restricted if both the New Zealand and worldwide group debt percentages are exceeded.

 

Inbound

Outbound

New Zealand group debt exceeds

60%

75%

Worldwide group debt exceeds

110%

110%

Use of Money Interest (UOMI) on provisional tax

UOMI on provisional tax will arise at times outlined below provided payment is made on time, based on the standard uplift for the taxpayer and associates. Special rules apply in the first year of business.

 

Standard uplift

Estimate

 

Actual RIT <$60,000

Actual RIT >$60,000

 

First instalment

N/A

N/A

✔   

Second instalment

N/A

N/A

✔   

Third instalment

N/A

✔  

✔  

UOMI rates

 

Underpayments

Overpayments

Prior to 09/05/2022

7.00%

0.00%

10/05/2022 to 29/08/2022

7.28%

0.00%

30/08/2022 to 16/01/2023

7.96%

1.22%

17/01/2023 to 08/05/2023

9.21%

2.31%

09/05/2023 to 28/08/2023

10.39%

3.53%

29/08/2023 to 15/01/2025

10.91%

4.67%

From 16/01/2025

10.88%

4.30%

Withholding tax on schedular payments and payments to non-resident contractors

 

Rate

Minimum rate for residents

10%

Minimum rate for non-residents

15%

Non-resident entertainers

20%

IRD number not supplied (company)

20%

IRD number not supplied (individual)

45%

Schedular payments are payments for specific activities such as directorships, labour hire firm contractors, actors and commission sellers.

Recipients are able to choose their rate on the filing of an IR330C provided it is greater than the minimum rates above. Default rates apply where a rate is not chosen.

Rates for non-residents can apply to non-resident contractors performing services of any kind. Exemptions are available in some situations.

The earners' account levy is $1.67 per $100 of earnings (GST inclusive) for the 2025/26 income year and the minimum and maximum liable earnings are as follows.

 

Minimum

Maximum

Employees

$1

$152,790

Self-employed people

$49,365

$152,790

NRWT is deducted at 0% from interest paid by a New Zealand borrower to an overseas lender where the parties are not associated (or the funds originate from an associate), the borrower is an approved issuer and the debt instrument is approved by Inland Revenue. Instead AIL equal to 2% or 0% (for certain securities) of the interest payments is payable.

The following applies to individuals, companies and trusts. 

Taxpayer and provisional tax year

Year of RIT used

Standard uplift

2025

2023
2024

110% of RIT
105% of RIT

2026

2024
2025

110% of RIT
105% of RIT

Provisional tax can also be calculated using the estimation option, the GST ratio method (subject to certain criteria being met) or the accounting income method (subject to certain criteria being met). The year used in calculating the uplift is the year of the most recent filed income tax return.

CFC

A CFC is a foreign company that is more than 40% controlled by one New Zealand resident or more than 50% controlled by two to five New Zealand residents. Income is taxable in New Zealand if the CFC’s passive income is equal to or more than 5% of the total income earned by the CFC.

Non-portfolio FIF

This is a foreign company owned 10% or more (but not controlled) by New Zealand residents. Taxed either as a CFC or as a portfolio FIF.

Portfolio FIF

This is a foreign company not controlled by New Zealand residents, or a foreign superannuation scheme or foreign life insurance policy. An ownership interest of less than 10% is required. It is taxed using one of five methods:

  • Fair dividend rate (FDR)
  • Cost
  • Comparative value (CV)
  • Deemed rate of return (DRR)
  • Attributable FIF income method

A new method (the revenue account method) has been announced to be available after 1 April 2025 to some FIF investments but is not yet law.

A foreign superannuation scheme entered into by a non-resident is subject to separate rules when lump sum withdrawals are made from the scheme. Regular pensions and commutation payments are taxed as income.

Straight-line or diminishing value can be applied on an asset-by-asset basis. Depreciation rates vary depending on estimated useful life. Individual asset purchases can be immediately deducted if, in most cases, the item cost less than $1,000. Special rules apply where assets using the same depreciation rate are purchased at the same time.

Buildings and fit-outs are treated as follows:

Buildings

Residential buildings are not depreciable. Commercial and industrial buildings are not depreciable from the 2024/25 year

Fit-Outs

Commercial fit-outs are depreciable. Residential fit-outs are non-depreciable, but chattels can be depreciated

Companies

Allowed a deduction for approved charitable donations up to their taxable income

Individuals

Cash refund for one-third of donations of $5 or more to approved charitable organisations (provided the value of gifts made do not exceed their taxable income)

ESCT is deductible from employer contributions to superannuation schemes, including employer contributions to KiwiSaver.

Income plus superannuation contributions

Rate

$0 - $18,720

10.5%

$18,721 - $64,200

17.5%

$64,201 - $93,720

30%

$93,721 - $216,000

33%

Over $216,000

39%

Quarters one to three

Quarter four

63.93% (single rate)

63.93% (single rate) or the alternate rate calculation (see below)

49.25% (pooled alternate rate)

49.25% (pooled alternate rate)

49.25% (alternate rate)

Alternate rate calculation (see below)

The alternate rate calculation applies the following rates.

Income plus fringe benefits

Rate

$0 – $13,962

11.73%

$13,963 - $45,230

21.21%

$45,231 - $62,450

42.86%

$62,451 - $130,723

49.25%

Over $130,723

63.93%

GST is charged at the rate of 15% on all taxable supplies made in New Zealand. To find the GST component of a GST inclusive amount, multiply by 3/23. Non-resident businesses can be refunded GST paid on New Zealand purchases, in some cases.

The maximum imputation ratio is 28:72. Dividends are subject to resident withholding tax (RWT) at the rate of 33% to the extent the dividend is unimputed. Generally, an additional 5% RWT must be withheld where dividends are imputed at 28%, but this is not compulsory where the recipient is a company. The imputation credit account must have a credit balance at 31 March, or a 10% penalty will apply to the debit balance.

Individuals 

Income 

Rate

$0 – $15,600

10.5%

$15,601 - $53,500

17.5%

$53,501 - $78,100

30%

$78,101 - $180,000

33%

Over $180,000

39%

Companies

 

Rate

Companies (including branches or permanent establishments of non-resident companies and unit trusts)

28%

Trusts

 

Rate

Trustee income <$10,001

33%

Trustee income >$10,000

39%

Trustee income of deceased estates in first four years

33%

Trustee income of disabled beneficiary trusts

33%

Beneficiary income (excluding minor beneficiaries)

Individual rates (see above)

Beneficiary income of corporate beneficiaries

39%

Minor beneficiaries (under age 16) with beneficiary income over $1,000 per trust

 39%

Distributions from non-complying trusts

45%

Flow-through entities 

 

Rate

Limited partnerships (LP) and look-through companies (LTC)

Partner’s or owner’s rates (see categories above)

For residential property acquired on or after 27 March 2021, interest incurred from 1 October 2021 to 31 March 2024 is not tax deductible. Interest incurred on those properties after 1 April 2024 is deductible, consistent with properties acquired before 27 March 2021.

For property acquired before 27 March 2021, interest deductibility was reduced until 31 March 2024 and has now been restored, with full deductions allowed from 1 April 2025. The percentages of interest that are denied a deduction are as follows:

Period that interest is incurred

Percentage denied

1 October 2021 to 31 March 2022

25%

1 April 2022 to 31 March 2023

25%

1 April 2023 to 31 March 2024

50%

1 April 2024 to 31 March 2025

20%

On and after 1 April 2025

0%

New builds with a code compliance certificate issued on or after 27 March 2020 are not subject to the above restrictions.

 

Rate

Employee contribution

3, 4, 6, 8 or 10%

Employer contribution

3%

Member tax credit

50c for each $1 contributed by a member, to a maximum of $521.43

Available options are: 

  • The Inland Revenue kilometre rate for motor vehicles
  • Other published mileage rates (e.g. AA rates)
  • Actual costs 

Inland Revenue kilometre rates for the 2023-2024 income year are as follows. The rates for the 2024-2025 income year will be published in May 2025.

Vehicle type

First 14,000km

After 14,000km

Petrol or diesel

$1.04

35 cents

Petrol hybrid

$1.04

21 cents

Electric

$1.04

12 cents

 

Interest

Dividends

Royalties

Default

0, 15%

0, 15 or 30%

15%

Australia

0, 10%

0, 5, 15%

5%

China

0, 10%

0, 15%

10%

France

0, 10%

0, 15%

10%

Germany

0, 10%

0, 15%

10%

Hong Kong

0, 10%

0, 5, 15%

5%

Japan

0, 10%

0, 15%

5%

Singapore

0, 10%

0, 5, 15%

5%

UK

0, 10%

0, 15%

10%

USA

0, 10%

0, 5, 15%

5%

Where a double tax agreement exists, the default NRWT rates may be reduced. Above are examples of rates for some common treaty partners (also including reduced rates where New Zealand rules permit). New Zealand’s extensive treaty network means specific rates are dependent on individual circumstances (please seek professional advice).

Resident individual investors 

Income (worldwide)

Income plus PIE income/loss

Rate

$0 - $15,600

$0 – $53,500

10.5%

$0 - $53,500

$0 - $78,100

17.5%

All others

28%

Both thresholds must be met for the rate to apply. Row two applies if Row one thresholds not met. Income is measured for either of the past two years. Trust, corporate and non-resident investors are subject to rates of between 0% and 30%, depending on type of entity and other relevant circumstances. Please seek professional advice.

Quarters between

Rate

01/07/2020 to 30/06/2022

4.50%

01/07/2022 to 31/12/2022

4.78%

01/01/2023 to 31/03/2023

6.71%

01/04/2023 to 30/09/2023

7.89%

From 01/10/2023

8.41%

These rates are also used to calculate the value of a deemed dividend arising where funds are lent by a company to its shareholders.

The number of times provisional tax is payable depends on the option used to calculate provisional tax and how many times GST (if registered) is paid. Examples of payment dates for the most common balance dates are below. If the due date is not a working day, then it moves to the next working day. Terminal tax dates shown apply to taxpayers linked to a tax agent.

 

31 Mar

30 Jun

31 Dec

2025

2026

2025

2026

2025

2026

First instalment

28 Aug 2024

28 Aug 2025

28 Nov 2024

28 Nov 2025

28 May 2025

28 May 2026

Second instalment

15 Jan 2025

15 Jan 2026

28 Mar 2025

28 Mar 2026

28 Sep 2025

28 Sep 2026

Third instalment

7 May 2025

7 May 2026

28 Jul
2025

28 Jul
2026

28 Jan 2026

28 Jan 2027

Terminal tax

7 Apr 2026

7 Apr 2027

7 Apr
2026

7 Apr
2027

15 Jan 2027

15 Jan 2028

A tax credit of 15% is available on specified research and development spending and is refundable in some circumstances. Pre-approval of activities must be sought before claiming the R&D credit.

 

Rate

Individual income bands

 
$0 - $15,600

10.5%

$15,601 - $53,500

17.5%

$53,501 - $78,100

30%

$78,101 - $180,000

33%

Over $180,000

39%

Companies

28%

Trusts

17.5, 30, 33 or 39%

Default (IRD number supplied)

33%

IRD number not supplied

45%

All dividends and interest paid must be reported to Inland Revenue by the 20th of the month following payment, including details of the recipients of the interest or dividend.

RLWT, generally at the lesser of 39% of the gain or 10% of the sale price, must be deducted from the proceeds of residential property sales made by offshore persons where the property has been owned for less than two years.

The vendor can file a tax return to recover any overpayment.

The repayment threshold remains $24,128, with the repayment rate at 12%. Temporary repayment suspensions are one year in length for borrowers who apply for them when they’re going overseas. Losses cannot be used against income to reduce a liability for student loan repayments.

Tax shortfall 

Lack of reasonable care

Unacceptable tax position

Gross carelessness

Abusive tax position

Evasion

20%

20%

40%

100%

150%

These penalties may be reduced where a voluntary disclosure is made or the shortfall is temporary, as well as for previous good behaviour.

Late filing

Return type

Penalty

Income tax

$50 to $500

Employer monthly schedule

$250

GST

$50 or $250

Multinational top-up tax

$500

ICA or reconciliation statement

$250

Late payment

Date

Penalty

Day following due date

1%

Seven days following due date

4%

Interest deductions can be restricted if both the New Zealand and worldwide group debt percentages are exceeded.

 

Inbound

Outbound

New Zealand group debt exceeds

60%

75%

Worldwide group debt exceeds

110%

110%

UOMI on provisional tax will arise at times outlined below provided payment is made on time, based on the standard uplift for the taxpayer and associates. Special rules apply in the first year of business.

 

Standard uplift

Estimate

 

Actual RIT <$60,000

Actual RIT >$60,000

 

First instalment

N/A

N/A

✔   

Second instalment

N/A

N/A

✔   

Third instalment

N/A

✔  

✔  

 

Underpayments

Overpayments

Prior to 09/05/2022

7.00%

0.00%

10/05/2022 to 29/08/2022

7.28%

0.00%

30/08/2022 to 16/01/2023

7.96%

1.22%

17/01/2023 to 08/05/2023

9.21%

2.31%

09/05/2023 to 28/08/2023

10.39%

3.53%

29/08/2023 to 15/01/2025

10.91%

4.67%

From 16/01/2025

10.88%

4.30%

 

Rate

Minimum rate for residents

10%

Minimum rate for non-residents

15%

Non-resident entertainers

20%

IRD number not supplied (company)

20%

IRD number not supplied (individual)

45%

Schedular payments are payments for specific activities such as directorships, labour hire firm contractors, actors and commission sellers.

Recipients are able to choose their rate on the filing of an IR330C provided it is greater than the minimum rates above. Default rates apply where a rate is not chosen.

Rates for non-residents can apply to non-resident contractors performing services of any kind. Exemptions are available in some situations.

The above information is based on legislation and government pronouncements as at 31 March 2025 and we have made every effort to ensure that it is accurate as at that date. Please seek our advice if you need more detail or further clarification on tax matters. "Tax Facts" should not be relied upon as professional advice, especially as government pronouncements after this date may have retrospective effect when enacted. 

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