TaxGlass

AU · Oceania ↔ NZ · Oceania

Australia vs New Zealand: tax rates compared

Between the two, Australia's income tax rate (47%) tops New Zealand's (39%) by 8pp. The 37-country average is 43.2%: Australia sits above it, New Zealand sits below it.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

Income Tax

0102030405060World avg 43.2%AU 47%NZ 39%
Income Tax, side by side
CountryRateSource
Australia47%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
New Zealand39%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference+8 ppAustralia higherlargest gap on this page

Corporate Tax

0102030405060World avg 22.6%AU 30%NZ 28%
Corporate Tax, side by side
CountryRateSource
Australia30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
New Zealand28%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+2 ppAustralia higher

Between the two, Australia's corporate tax rate (30%) tops New Zealand's (28%) by 2pp. The 201-country average is 22.6%: both sit above it.

VAT

0102030405060World avg 19.2%AU 10%NZ 15%
VAT, side by side
CountryRateSource
Australia10%Source: OECD Tax Database — VAT/GST standard rates · as of 2023-09-01
New Zealand15%Source: OECD Tax Database — VAT/GST standard rates · as of 2023-09-01
Difference−5 ppNew Zealand higher

Between the two, New Zealand's VAT rate (15%) tops Australia's (10%) by 5pp. The 37-country average is 19.2%: both sit below it.

Wealth Tax

0102030405060World avg 0.1%AU 0%NZ 0%
Wealth Tax, side by side
CountryRateSource
Australia0%Source: PWC Worldwide Tax Summaries — Australia (Net wealth/worth tax rates) · as of 2026-06-30
New Zealand0%Source: PWC Worldwide Tax Summaries — New Zealand (Net wealth/worth tax rates) · as of 2026-07-06
Difference0 ppdisplayed rates match

There's no gap here — Australia and New Zealand both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.