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Income Tax
   

This page is provided for general guidance only
   
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    Income tax in New Zealand is applied as follows      
                       

Companies & Legal Partnerships

28% on profits with most expenses deductable and dividends able to be franked to New Zealand shareholders
                       

Individuals

  For Individuals the Tax rate is a progressive scale up to a maximum rate of 33% when income exceeds $70,000 P.A. (Effective from 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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