Australia

Oceania
VS

New Zealand

Oceania

Australia vs New Zealand Tax Comparison

Summary

1

๐Ÿ‡ฆ๐Ÿ‡บ Australia

2

Ties

4

๐Ÿ‡ณ๐Ÿ‡ฟ New Zealand

๐Ÿ‡ณ๐Ÿ‡ฟ New Zealand has lower tax rates in more categories

Tax Rates Comparison

Category
๐Ÿ‡ฆ๐Ÿ‡บAustralia
๐Ÿ‡ณ๐Ÿ‡ฟNew Zealand
Top Income Tax Rate
45%
39%Lower
Corporate Tax Rate
30%
28%Lower
VAT / Sales Tax
10%Lower
15%
Capital Gains Tax
22.5%
0%Lower
Employee Social Security
0%
0%
Employer Social Security
11.5%
4%Lower
Self-Employed Social Security
0%
0%

Living Indicators

Category
๐Ÿ‡ฆ๐Ÿ‡บAustralia
๐Ÿ‡ณ๐Ÿ‡ฟNew Zealand
Cost of Living Index
73
72Lower
Quality of Life Index
78
77Lower
Tax Treaties
46
40Lower

Income Tax Brackets

Australia

0 - 18,2000%
18,200 - 45,00016%
45,000 - 135,00030%
135,000 - 190,00037%
190,000+45%

2024-25 rates after Stage 3 tax cuts. Plus 2% Medicare levy. 47% effective top rate.

New Zealand

0 - 14,00010.5%
14,000 - 48,00017.5%
48,000 - 70,00030%
70,000 - 180,00033%
180,000+39%

NZD amounts. ACC levy (~1.6%) also applies.

Special Tax Regimes

Australia

No special tax regimes available.

New Zealand

Transitional Tax Resident

4-year exemption from tax on most foreign income for new tax residents.

Digital Nomad Visa

AustraliaNot Available
New ZealandNot Available

Disclaimer: This content is for informational purposes only and does not constitute tax advice. Tax laws change frequently. Always consult a qualified tax professional before making decisions about your tax residency or obligations.

Data last updated: Australia (2024-01) ยท New Zealand (2024-01)