New Zealanders are struggling with the sky-rocketing cost of living. A tax reset that adjusts income tax brackets for inflation from the time they were introduced would provide desperately needed tax relief and put more money in your pocket.
Enter your annual income into our tax calculator below to see how much additional tax you are paying due to inflation and how much you would save with our proposed tax changes.
INCOME TAX BRACKETS ADJUSTED FOR INFLATION BETWEEN Q4 2010 AND Q2 2022
| Tax Rate | Quarter 4 2010 | Inflation Adjustment to Quarter 2 2022 |
| 10.5% | $0 - $14,000 | $0 - $17,526 |
| 17.5% | $14,000 - $48,000 | $17,526 - $60,090 |
| 30% | $48,000 - $70,000 | $60,090 - $87,632 |
| 33% | $70,000 - $180,000 | $87,632 - $193,142 |
| Quarter 2 2021 (39% Bracket Implemented) | Inflation Adjustment to Quarter 2 2022 | |
| 39% | $180,000 + | $193,142 + |
Joining the Taxpayers' Union costs only $25 and entitles you to attend our annual conference, AGM and other events.
With your support we can make the Taxpayers' Union a strong voice exposing waste and standing up for Kiwi taxpayers.
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