Asia-Pacific · Tax guide

New Zealand

New Zealand taxes companies at a flat 28%, charges GST at 15% on almost everything, has no general capital gains tax, and applies the global minimum tax. Taxes are administered by Inland Revenue.

Updated 1 October 2026 · 11 of 11 figures checked against official sources

Check your obligations

At a glance

Company tax: 28%
GST: 15%
Top individual rate: 39%
Employer KiwiSaver: 3% (3.5% from 1 April 2026)
Withholding on interest: 15%
Global minimum tax: 15%

Company tax

Companies pay a flat 28%. Imputation credits attached to dividends let shareholders count company tax already paid. Provisional tax is paid in instalments during the year. Sole traders pay individual rates up to 39%.

GST

GST is charged at 15% on almost all goods and services, with few exemptions (mainly financial services and residential rent). Registration is required once turnover exceeds NZ$60,000 over twelve months.

Employers

Employers deduct PAYE and file payday returns, and pay employer KiwiSaver contributions of at least 3% (3.5% from 1 April 2026) for members, plus ESCT on those contributions.

Payments to non-residents

Dividends: 30% (15% under most treaties, 0% if fully imputed).
Interest: 15%.
Royalties: 15%.

Property and the global minimum tax

There is no general capital gains tax, but gains on residential property sold within the 2 years bright-line period are taxed as income. Groups with revenue of €750 million or more are subject to the global minimum tax at 15%.

Key dates

Monthly or two-monthlyGST returns, depending on turnover
Every paydayPayday filing of PAYE and KiwiSaver
Three instalments a yearProvisional tax

Figures and sources

11 figures

Company tax rate28%

Income Tax Act 2007 · Sch. 1
Checked against the official source
GST rate15%

Goods and Services Tax Act 1985 · s. 8
Checked against the official source
Turnover over 12 months at which GST registration is requiredNZ$60,000

Goods and Services Tax Act 1985 · s. 51
Checked against the official source
Top individual tax rate39%

Income Tax Act 2007 · Sch. 1
Checked against the official source
Minimum employer KiwiSaver contribution3% (3.5% from 1 April 2026)

KiwiSaver Act 2006 (as amended 2025)
Checked against the official source
Non-resident withholding tax on interest (or 2% approved issuer levy)15%

Income Tax Act 2007 · Sch. 1
Checked against the official source
Non-resident withholding tax on royalties15%

Income Tax Act 2007 · Sch. 1
Checked against the official source
Global minimum tax rate15%

Taxation (Annual Rates for 2023–24) Act (Pillar Two)
Checked against the official source
Group revenue for the global minimum tax€750 million

Taxation (Annual Rates for 2023–24) Act (Pillar Two)
Checked against the official source
Non-resident withholding tax on dividends30% (15% under most treaties, 0% if fully imputed)

Income Tax Act 2007 · Sch. 1
Checked against the official source
Bright-line period for taxing gains on residential property2 years

Income Tax Act 2007 · s. CB 6AB
Checked against the official source

Indicative only. This assessment is a high-level overview of tax obligations in New Zealand based on the information you provided and rules in force for 2026. It is not tax or legal advice. Consult a New Zealand chartered accountant or tax adviser before making compliance decisions.