New Zealand - Other taxes and levies

New Zealand-Other taxes and levies

Taxation of international executives

Related content

Social security tax

Are there social security/social insurance taxes in New Zealand? If so, what are the rates for employers and employees? 

Employer and employee

New Zealand does not have specific social security taxes. New Zealand's social security system is funded through general taxation. A number of benefits exist under this scheme, aimed at assisting the elderly, sick, widowed, and unemployed. For example, a national superannuation benefit called NZ Super is available to all New Zealanders (citizens and permanent residents) from the retirement age (currently age 65) who have lived in New Zealand for a minimum of 10 years. This is not a “means” tested benefit.

Accident compensation cover is however primarily funded by way of a levy paid by employers and employees (earner premium). A comprehensive range of benefits are available under this scheme if a person has suffered an accidental injury.


There is no compulsory superannuation saving (as noted earlier all New Zealanders are entitled to receive NZ Super at the retirement age). However, there is a voluntary workplace savings scheme called KiwiSaver. KiwiSaver must be offered by all employers to their employees. All full-time and part-time employees aged between 18 and 65 are eligible to participate in the scheme.

KiwiSaver contributions are deducted from employees’ wages at the rate of 3 percent of gross earnings (options exist for higher levels of employee contributions to be made). Employers are also required to contribute 3 percent. The New Zealand Government also provides a tax credit of up to $521 per annum, per employee, and certain benefits on joining (a $1,000 start-up contribution).

All new employees are automatically enrolled in KiwiSaver, unless they formally elect to opt-out of the scheme.

The KiwiSaver legislation does not apply to non-resident employers (unless operating through a branch or similar in New Zealand) or to employees who are not "usually living in New Zealand."

Gift, wealth, estate, and/or inheritance tax

Are there any gift, wealth, estate, and/or inheritance taxes in New Zealand? 

Gift tax

There is no longer gift duty1 in New Zealand.

Estate duty

There is no estate duty payable on a deceased’s estate.

Real estate tax

Are there real estate taxes in New Zealand?

Not applicable.

Sales/VAT tax

Are there sales and/or value-added taxes in New Zealand?

Goods and services tax

In general terms, goods and services tax2 (GST) is a value-added tax which is payable on most goods and services supplied in New Zealand. The rate at which

GST is charged is a standard rate of 15 percent. 

Unemployment tax

Are there unemployment taxes in New Zealand?

Not applicable.

Other taxes

Are there additional taxes in New Zealand that may be relevant to the general assignee? For example, customs tax, excise tax, stamp tax,and so on.

Not applicable.


1All taxation information in this section is summarized by KPMG, the New Zealand member firm of KPMG International, based on the Estate and Gift Duties Act 1968.


© 2016 KPMG, a New Zealand partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved.

Connect with us


Request for proposal



KPMG's new digital platform

KPMG's new digital platform