Work out your tax code
Important
A new low secondary tax code SB (Secondary Bottom) applies from 1 April 2010. You can use this tax code on secondary income if you have a reasonable expectation of earning $14,000 or less from all sources for the tax year.
Use our decision tree to determine whether you should change your tax code to SB.
When you may need to find out your tax code
- you start a new job
- you think you may start or stop being eligible for the independent earner tax credit (IETC)
- you have more than one job, so your total annual income moves into a different tax bracket
- you have a student loan, so you need to start making repayments because your annual income goes over the student loan repayment threshold, or
- you have paid off your student loan, so you no longer need to make repayments.
Next steps to work out your correct tax code
| If you receive ... | then ... |
|---|---|
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use our decision tree to work out your tax code. |
|
New Zealand Superannuation (see 'Note" below if you include a non-qualifying partner in your Superannuation): |
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|
use our decision tree to work out your tax code. |
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use our decision tree to work out your tax code. |
| a benefit, and start work | specific rules apply, so find out your tax code here. |
| other types of payments |
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Note
Use "M" tax code if you include a non-qualifying partner in your Superannuation
If you include a non-qualifying partner in your New Zealand Superannuation the payment becomes income tested. It's then considered your highest source of income. Please use a tax code of "M" when you apply for NZ Superannuation (page 6 of the paper application form or the tax code section of the online form).
Apply for New Zealand Superannuation online.
Find out what to do if you have a special tax code.
Date published: 12 Nov 2010
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