New Zealand Inland Revenue has launched a consultation on measures meant to limit the ability of individuals to avoid upper income tax rates including the new 39% top rate introduced in 2021.
---
Dividend integrity and personal services income attribution
The Government recently introduced and implemented a new top personal income tax rate of 39% for income earned over $180,000. Tax rates on other types of taxpayers, including companies and trusts, remained unchanged at 28% and 33% respe…