Taxable income Income tax rates for every
$1 of taxable income
(excluding ACC earners' levy) PAYE rates for every
$1 of taxable income
(including ACC earners' levy*)
up to $14,000 10.5 cents 12.54 cents
from $14,001 to $48,000 17.5 cents 19.54 cents
from $48,001 to $70,000 30 cents 32.04 cents
$70,001 and over 33 cents 35.04 cents
No notification** 45 cents 47.04 cents