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Work out your tax code

You need to fill in a Tax code declaration (IR330) form when you start a new job, or if you have a change in your circumstances that will affect your tax and/or your student loan repayments.

Work out your correct tax code here.

Changes in your circumstances include:

  • starting a different job
  • having more than one job, so your total annual income moves into a different tax bracket (see "Definitions" below)
  • having a student loan, so you need to start making repayments because your annual income goes over the student loan repayment threshold (see "Definitions" below), or
  • having paid off your student loan, so you no longer need to make repayments.

Note

It's your responsibility to ensure your employer has your correct tax code.

 

If ... then you ... and ...

you choose the right tax code

should pay the correct amount towards your tax and/or student loan obligations.

 

you choose the wrong tax code

may not pay enough towards your tax and/or student loan obligations

  • you could end up with a tax and/or student loan bill at the end of the tax year, and
  • we can write to your employer and ask them to change it.

your employer uses the wrong tax code without you knowing

will still need to pay if you receive a bill at the end of the tax year.

 

Work out your correct tax code

Find out what to do if you have a special tax code.

If you receive ... then ...

a benefit, and start work

specific rules apply, so find out your tax code here.

  • salary or wages
  • accident compensation payments
  • New Zealand Superannuation, or
  • a student allowance

use our decision tree to work out your tax code.

other types of payments

 

Definitions

Special tax code/student loan special repayment deduction rate

A special tax code is a tax deduction rate worked out to suit your individual circumstances. If you usually receive a large income tax/student loan bill or refund, or want to pay off your student loan faster, it's a good idea to apply for a special tax code or deduction rate. This ensures you pay the right amount of tax or student loan deductions.

Student loan repayment threshold

If you have a student loan you must begin repaying your student loan as soon as your total annual income (from 1 April to 31 March) goes over the student loan repayment threshold.

Tax brackets

Find out the current income tax rates including and excluding earners' levy for individuals.

 


Date published: 23 Jul 2008

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