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Tax changes - Budget 2010
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Individuals

Find out more about changes to the personal income tax rates, tax rates on savings and investments, and provisional tax.

Personal income tax rates

The tax rates on personal income (eg salary, wages, ACC payments, or self-employed income) are changing from 1 October 2010. Find out more about the personal income tax changes.

Changes to the tax rates on savings and investments

Banks will reduce RWT (resident withholding tax) rates on interest from 1 October 2010 to align with the new personal tax rates. Find out more about the changes to the tax rates on savings and investments.

Provisional tax

Provisional tax will be reduced for individuals who pay provisional tax on the "earlier year basis" from 1 October 2010. Find out more about the provisional tax changes.

 

 


Date published: 05 Jul 2010

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