Taxable income is governed by Income Tax Act 2007 and is administered by Inland Revenue department. For individuals and most businesses the accounting year begins on 1 April and ends the following 31 March. Income tax returns are due on 7 July each year, unless you have a tax agent, in which case you get extension of time. Please check your tax return filing due date here for standard or non-standard balance dates. can choose a different balance date. All income is taxed in New Zealand, like many other countries there is no tax-free threshold. But individuals can get rebates and credits depending upon their personal situation. New Zealand Tax residents are also required to declare their worldwide income.

Tax Returns

Tax Administration