Marginal Tax Rates 2024 Nz. Your average tax rate is 17.4% and your marginal tax rate is 31.4%. Tax rates are used to work out how much tax you need to pay on your total income for the year, from all sources.

We have now calculated our effective tax rate and marginal tax rate on our annual taxable income of $ 20,000.00 in new zealand for the 2024 tax year and can compare the results side. This marginal tax rate means that your immediate additional income will be taxed at this rate.