Who pays income tax... and how much?*

Annual individual taxable income ($)	Number of people		Tax paid
	(000)	%	($m)	%
Zero	319	9	0	0
1-10,000	359	10	164	0
10,001-20,000	628	17	1,172	4
20,001-30,000	491	13	1,634	5
30,001-40,000	353	10	1,819	6
40,001-50,000	328	9	2,271	7
50,001-60,000	288	8	2,728	8
60,001-70,000	217	6	2,721	8
70,001-80,000	169	5	2,647	8
80,001-90,000	108	3	2,031	6
90,001-100,000	87	2	1,920	6
100,001-125,000	128	4	3,538	11
125,001-150,000	59	2	2,121	6
150,001+	108	3	8,282	25
All	3644	100	33,048	100

This table includes tax on NZ Superannuation and major Social Welfare benefits, but excludes ACC levies, Working for Families and independent earner tax credits. Only individuals of working age are included, ie, 16 years and above.

Data are projected for the year ending March 2018. Access to the Household Economic Survey data was provided by Statistics New Zealand under conditions designed to give effect to the security and confidentiality provisions of the Statistics Act 1975. The results presented here are the work of the Treasury, not Statistics New Zealand. Figures may not sum to total due to rounding.

Personal income tax scale*

Personal income tax scale*
10.5c per $1 on income up to $14,000
17.5c per $1 on income between $14,001 and $48,000
30c per $1 on income between $48,001 and $70,000
33c per $1 on income over $70,000

* from 1 April 2018, the lowest tax threshold is due to increase from $14, 000 to $22, 000, and the second threshold from $48, 000 to $52, 000.

How does a 1% point change affect tax?

Estimated effect on revenue in 2017/18 of a one percentage point change in the growth of:	$m
wages and salaries	335
taxable business profits	165
spending by households	190

What is the full-year cost of...?	$m
$1 a week increase (in the hand) in NZ Super	37
$1 a week increase (in the hand) in other benefits	15
$1 billion increase in government debt	34

Company tax rate

Company tax rate
The company tax rate is 28%

GST rate

GST rate
The GST rate is 15%