Your Resources

New personal tax rate for income over $180,000 – comes into effect on 1 April 2021…

By Claire Tyler

As of 1 April 2021, a new personal tax rate comes into effect for high income earners.

The tax rate of 39% will apply to all income earned over $180,000.

It is also timely for anyone who is planning to make payments to individuals, such as distributions or dividends, to consider the impact of this on such payment.

If you think this change may be relevant to you, speak with your legal, tax, and financial advisors to discuss your options.

Gender Equality Charter - New Zealand Law Society

If you are a New Zealand Super Gold Card Holder (Australian Senior Cards do not qualify) we will give you a 75% discount of the fee for one of our set fee 1 hour initial consultations. We will also give you a 17.5% discount off the first matter we handle for you and then 12.5% off any subsequent matters for you. These discounts relate to your personal matters only (i.e. not business, trust or organisational matters or the sale and purchase of investment properties).

To receive the discount please let us know if you are a New Zealand Super Gold Card Holder.

Rainey Collins Lawyers is one of New Zealand's top law firms comprised of a wide range of experienced and skilled barristers and solicitors, making us experts in nearly all legal fields.

We provide litigation, legal representation and advice in fields such as employment law, buying and selling properties, setting up a family trust, commercial law, property law, Māori land, family law, relationship property, body corporates and construction. In addition to these legal services, we also provide highly efficient debt collection New Zealand wide for clients from large companies right through to small businesses and individuals.

Based in New Zealand's capital, our firm has a prime position in taking on cases not only from Wellington, but from all over Aotearoa, having helped a wide range of clients for over 100 years.

Top

Your Resources

New personal tax rate for income over $180,000 – comes into effect on 1 April 2021…

Call us Toll Free on 0800 733 424

Articles by Topic

Call us Toll Free on
0800 733 424