close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Opinion
7 mins to read

New top income tax rate: a virtue-signalling reform?

How taxing top earners actually affects us all.

Norman Gemmell
Sat, 12 Dec 2020

There was a strong sense of déjà vu within New Zealand’s tax community last week, as Parliament passed the new Labour government’s tax bill that raises the top rate of personal income tax from 33% to 39% on incomes over $180,000 from April 1, 2021. Back in 1999, the Clark-Cullen Labour

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Norman Gemmell
Sat, 12 Dec 2020
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
New top income tax rate: a virtue-signalling reform?
Opinion,
85832
true