Where an employee is receiving a lump sum in respect of a redundancy payment or a retiring allowance, there is no requirement to pay the ACC levy on the payment, and so different income tax rates apply.
Primary employment
From 31 July 2024:
| Relevant income band | Tax rate |
| NZD 0–NZD 15,600 | 10.50% |
| NZD 15,601–NZD 53,500 | 17.50% |
| NZD 53,501–NZD 78,100 | 30.00% |
| NZD 78,101–NZD 180,000 | 33.00% |
| NZD 180,001 and over | 39.00% |
Previously:
| Relevant income band | Flat-rate tax |
| NZD |
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Web page updated on 17 Mar 2025 14:50