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Tax Administration Act 1994

Information, record-keeping, and returns - Tax codes and tax rates for certain payments - PAYE tax codes

24B: PAYE tax codes

You could also call this:

"What tax code to use when you get paid"

Illustration for Tax Administration Act 1994

When you get paid, you have a tax code. A tax code is a code that applies to the money you earn. You can find the different tax codes in schedule 5, part A. You do not use a tax code for some types of payments, like schedular payments or extra pay. For these payments, you can look at sections 24F, 24G, and 24H, and schedule 5, part C, for more information. The tax on some payments, like main benefits or New Zealand superannuation, is determined under section RD 11(3) of the Income Tax Act 2007. You can find the basic tax rates for your salary or wages in the Income Tax Act 2007, schedule 2, part A.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1252632.

Topics:
Money and consumer rights > Taxes
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24C: Notified tax codes, or

"Telling your employer about your tax code"

Part 3Information, record-keeping, and returns
Tax codes and tax rates for certain payments: PAYE tax codes

24BPAYE tax codes

  1. For the purposes of the PAYE rules, a tax code means—

  2. a code applying to an employee’s earnings set out in the table in schedule 5, part A as notified by the employee under section 24C:
    1. a tax code provided by the Commissioner under section 24D:
      1. a tax code provided under schedule 5, part B, clause 3:
        1. a non-notified tax code under section 24E.

          1. A tax code does not apply in relation to—

          2. a schedular payment, see sections 24F, 24G, and 24H, and schedule 5, part C:
            1. an extra pay, see sections RD 7 and RD 17 of the Income Tax Act 2007.

              1. The amount of tax for a payment of any of the following is determined under section RD 11(3) of the Income Tax Act 2007:

              2. a main benefit:
                1. New Zealand superannuation:
                  1. a veteran’s pension.

                    1. The amount of tax for a payment of an allowance under regulations made under section 645 of the Education and Training Act 2020 is determined under section RD 11(3B) of the Income Tax Act 2007.

                    2. The basic tax rates for payments of salary or wages for particular tax codes, including a non-notified tax code, are set out in the Income Tax Act 2007, schedule 2, part A.

                    Notes
                    • Section 24B: replaced, on , by section 279 of the Taxation (Annual Rates for 2017–18, Employment and Investment Income, and Remedial Matters) Act 2018 (2018 No 5).
                    • Section 24B(1) heading: inserted, on , by section 18 of the Taxation (Annual Rates for 2018–19, Modernising Tax Administration, and Remedial Matters) Act 2019 (2019 No 5).
                    • Section 24B(2) heading: inserted, on , by section 18 of the Taxation (Annual Rates for 2018–19, Modernising Tax Administration, and Remedial Matters) Act 2019 (2019 No 5).
                    • Section 24B(3) heading: replaced, on , by section 48 of the New Zealand Superannuation and Veteran’s Pension Legislation Amendment Act 2020 (2020 No 36).
                    • Section 24B(3) heading: amended, on , by section 142 of the Taxation (Annual Rates for 2020–21, Feasibility Expenditure, and Remedial Matters) Act 2021 (2021 No 8).
                    • Section 24B(3): replaced, on , by section 48 of the New Zealand Superannuation and Veteran’s Pension Legislation Amendment Act 2020 (2020 No 36).
                    • Section 24B(3)(a): replaced, on , by section 142 of the Taxation (Annual Rates for 2020–21, Feasibility Expenditure, and Remedial Matters) Act 2021 (2021 No 8).
                    • Section 24B(3B) heading: inserted, on , by section 48 of the New Zealand Superannuation and Veteran’s Pension Legislation Amendment Act 2020 (2020 No 36).
                    • Section 24B(3B): inserted, on , by section 48 of the New Zealand Superannuation and Veteran’s Pension Legislation Amendment Act 2020 (2020 No 36).
                    • Section 24B(4) heading: inserted, on , by section 18 of the Taxation (Annual Rates for 2018–19, Modernising Tax Administration, and Remedial Matters) Act 2019 (2019 No 5).