Skip to main content

Budget 2024: The Government has announced FamilyBoost, a proposed new childcare payment to help eligible families with the rising costs of Early Childhood Education (ECE). Find out more: Beehive.govt.nz

Effective from 29 August 2023, the UOMI rates on underpayments and overpayments of tax will change.

The new rates are:

  • Underpayments – 10.91% (up from 10.39%)
  • Overpayments – 4.67% (up from 3.53%)

We review the rates regularly so that they align with market interest rates.

Last updated: 08 Aug 2023
Jump back to the top of the page