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Work out your tax code

Important - Student loan borrowers

We're currently updating this decision tree for legislative changes coming into effect from 1 April 2012. Please use the Tax code declaration (IR330) to work out your tax code instead.

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 ...
  • salary or wages
  • accident compensation payments, or
  • a student allowance
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):
  • as your highest (or only) source of income
use our decision tree to work out your tax code.
  • as a secondary source of income
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



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: 27 Feb 2012

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