🇳🇿 New Zealand · Tax System
Corporate tax, VAT/GST, personal income tax, capital gains, and filing obligations.
Quick answer
New Zealand's taxes are run by Inland Revenue (IRD): income tax and GST, with no general capital gains tax. Residents are taxed on worldwide income; a transitional exemption can apply to new migrants' foreign income.
New Zealand's taxes are administered by Inland Revenue (IRD): income tax and GST. There is no general capital gains tax. Residents are taxed on worldwide income.
- Inland Revenue (IRD) administers income tax and GST.
- There is no comprehensive capital gains tax.
- Tax residents are taxed on worldwide income.
Official authorities
- Inland Revenue (IRD)
National tax authority.
Frequently asked questions
Is there capital gains tax in New Zealand?
There is no comprehensive capital gains tax, though some property sales and share-trading gains can be taxable.
What is the transitional resident exemption?
New migrants may get a temporary exemption on certain foreign income for a limited period after becoming tax resident.
What is the GST rate?
GST applies at a flat rate to most goods and services.
Official-information aggregation, not legal advice. Always verify on the authority's own site.