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Tax rates

New Zealand’s top personal tax rate is 33% for income over NZ$70,000. At the other end of the scale, the tax rate is 10.5% on income up to $14,000. For full details, see ‘New Zealand tax at a glance’ below. Companies and corporates are taxed at a flat rate of 28%. New Zealand also has [...]

November 16th, 2017|

GST on Food & Alcohol Purchases

The Inland Revenue Department now considers that gifts for customers or suppliers (i.e. Hampers) as only 50% deductible.

October 30th, 2017|