NZ · OceaniaSG · Asia
New Zealand vs Singapore: tax rates compared
New Zealand has an income tax rate of 39%, 15pp above Singapore's 24%. The 200-country average is 28%: New Zealand sits above it, Singapore sits below it. New Zealand's figure is dated 2025-01-01 and Singapore's 2026-04-27, so the two rates come from different data vintages.
Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | NZ | SG | Difference |
|---|---|---|---|
| Income Tax | 39% | 24% | NZ +15 pp |
| Corporate Tax | 28% | 17% | NZ +11 pp |
| VAT | 15% | 9% | NZ +6 pp |
| Capital Gains Tax | 0% | 0% | match |
| Crypto Tax | 39% | 0% | NZ +39 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| New Zealand | 39% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Singapore | 24% | Source: Inland Revenue Authority of Singapore (IRAS) — Individual Income Tax rates · as of 2026-04-27 |
| Difference | +15 pp | New Zealand higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| New Zealand | 28% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Singapore | 17% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +11 pp | New Zealand higher |
New Zealand has a corporate tax rate of 28%, 11pp above Singapore's 17%. The 201-country average is 22.6%: New Zealand sits above it, Singapore sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| New Zealand | 15% | Source: PWC Worldwide Tax Summaries — New Zealand (Corporate, Other taxes) · as of 2026-07-06 |
| Singapore | 9% | Source: PWC Worldwide Tax Summaries — Singapore (Corporate, Other taxes) · as of 2026-07-02 |
| Difference | +6 pp | New Zealand higher |
New Zealand has a VAT rate of 15%, 6pp above Singapore's 9%. The 181-country average is 15%: New Zealand matches the world average, Singapore sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| New Zealand | 0% | Source: PWC Worldwide Tax Summaries — New Zealand (Individual, Income determination) · as of 2026-07-06 |
| Singapore | 0% | Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02 |
| Difference | 0 pp | displayed rates match |
New Zealand and Singapore share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| New Zealand | 39% | Source: Inland Revenue (IRD) — "Crypto investors urged to get tax compliant" · as of 2026-04-20 |
| Singapore | 0% | Source: IRAS e-Tax Guide — Income Tax Treatment of Digital Tokens · as of 2026-01-30 |
| Difference | +39 pp | New Zealand higher |
New Zealand has a crypto tax rate of 39%, 39pp above Singapore's 0%. The 88-country average is 13%: New Zealand sits above it, Singapore sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| New Zealand | 0% | Source: PWC Worldwide Tax Summaries — New Zealand (Net wealth/worth tax rates) · as of 2026-07-06 |
| Singapore | 0% | Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02 |
| Difference | 0 pp | displayed rates match |
New Zealand and Singapore share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.