Tax Brackets For 2024 Nz Over 65. There are 5 paye tax brackets in nz for individuals. Please refer to the different political party websites and the inland revenue department should you wish to determine your exact tax liability.

Using these rates means less chance of people getting a tax bill at the end of the tax year. The table below shows the annual tax relief confirmed in budget 2024 for a selection of nz wage earners.