List of the income tax rates (based on whole dollars) that apply for the 2008-09 tax year for individuals, companies and trustees and more.

Schedule 1, part A, of the Income Tax Act 2007

The income tax rates (based on whole dollars) that apply for the 2008-09 tax year are:

 Tax rate
Taxable income: individuals
0 - 9,500
9,501 - 14,000
14,001 - 38,000
38,001 - 40,000
40,001 - 60,000
60,001 - 70,000
70,001 upwards
13.75%
16.75%
21%
27%
33%
36%
39%
Taxable income: companies 30%
Taxable income: trustees 33%
Taxable distributions: non-complying trusts 45%
Schedular taxable income: category A income of group investment funds 30%
Taxable income: trustees of certain funds (approved unit trusts, widely held group investment funds and widely held superannuation funds) 30%
Taxable income: Māori authorities 19.5%
Schedular taxable income: policyholder income 30%