Belmont Babes
23rd January 2008, 11:27 PM
Please could someone advise me what % tax is payable on monies invested in NZ?
Cheers
IanW99
24th January 2008, 09:28 AM
Please could someone advise me what % tax is payable on monies invested in NZ?
Cheers
Any income either from work or bank interest etc will be taxed at whatever rate you pay.
See Income Tax Rates for Individuals (http://www.ird.govt.nz/how-to/taxrates-codes/itaxsalaryandwage-incometaxrates.html) for details.
It may also depend on what you are intending to invest in?
Ian
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