Individuals:
Income band
Tax rate
$0 - $14,000
$14,001 - $48,000
$48,001 - $70,000
$70,000 and over
10.5%
17.5%
30%
33%
Company tax rate change:
28% since 2012 income year.
Tax on trustee income - calculated at a flat rate of 33 cents in the dollar.
Fringe Benefit Tax (FBT) is a tax on benefits that employers provide to their employees as a result of their employment these include benefits provided by someone other than an employer.
The four main groups of fringe benefits are:
Other items that are subject to FBT Rules include:
For further information call NUMBIZ Limited.
Managing your money -
www.sorted.org.nz
Tax Compliance -
www.ird.govt.nz
Accident Compensation Corporation - www.acc.co.nz
Companies Office -
www.business.govt.nz/companies
Charities Commission - www.charities.govt.nz
New Zealand Stock Exchange - www.nzx.com
Citizens Advice Beureau -
www.cab.org.nz
Legal Advice -
www.lawsociety.org.nz
Chartered Accountants -
www.charteredaccountantsanz.com
Consumers Institute -
www.consumer.org.nz
Employer Information & Employment Agreements -
www.dol.govt.nz
Rental Property Owner Information www.dbh.govt.nz/tenancy-index
When you are looking through these websites use their search button to find what you are looking for!
Copyright 2017 NUMB1Z Limited 2017
Design and Development: gregorystudio.com
Contact