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| Income Tax |
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This page is provided
for general guidance only |
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| Income Tax
Index >>> |
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Income tax
in New Zealand is applied as follows |
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Companies & Legal
Partnerships |
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33% on profits with
most expenses deductable. This reduces to 28% from 2011 |
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Individuals |
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For
Individuals the Tax rate is a progressive scale up to a maximum
rate of 33% when income exceeds $70,000 P.A. (Effective 1 October
2010) This figure can be subject to change and should always
be checked with the Inland Revenues departments latest publications. |
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