Tax Compliance

At Covisory we will work with both individuals and businesses to ensure they meet all their regulatory requirements.
If you are after compliance services we can help you look after the following:

Tax Returns

  • Includes preparation, review and lodgement of Tax Returns (income tax, GST, FBT, PAYE, RWT) with the Inland Revenue (IRD).
  • Ensures you are adhering to current tax legislation while at the same time ensuring you maximise your allowable tax deductions.
  • Act as a liaison to Government Agencies


For more details on New Zealand's current tax framework:

Direct Tax

Individual Tax Rate

The marginal tax rate for individuals varies between 10.5% and 33%.

Company Tax Rate

The tax rate for companies is a flat 28%.

Trust Tax Rate

The tax rate for trusts is dependent on the status of the Trust, the type of income it receives and whether or not that income has been distributed to the Beneficiaries or has been retained by the Trust. In general, income distributed to beneficiaries is subject to tax in the hands of Beneficiaries at their marginal tax rate. Income retained by the Trust is subject to tax at a Trustee rate of 33%. Special Rules apply to certain types of Trusts.

Indirect Tax

Capital Gains Tax

New Zealand does not have a comprehensive capital gains tax. However certain profits from the sale of personal property or immovable property and some unrealized capital accretions may be included in income in certain circumstances.

Net Wealth Tax

New Zealand does not impose Newt Wealth Tax.

Gift Duty

There is no gift duty in New Zealand.

Inheritance Tax

There is no inheritance tax in New Zealand.

Real Estate Tax

There is no real estate tax in New Zealand.

Goods and Service Tax (GST)

GST is a value added tax imposed on the supply of goods and services in New Zealand by a GST registered person. The GST rate is imposed at 15% on the value of the supply. Certain supplies made to overseas persons, may be subject to GST at 0% or may be exempt.