Tax Credits 2025 Nz Income. In a move aimed at providing tax relief for individuals and families, new zealand has unveiled significant updates to its tax brackets 2025 as part of the government budget, announced on. The government has announced an upward adjustment to the thresholds, effective from 31st july 2025.
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%). Apply for a tailored tax code.