Annual income tax rates for 2008-09
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% |