Quote Originally Posted by tosspot View Post
Only thing im abit confused about is with this link http://www.ird.govt.nz/how-to/taxrat...etaxrates.html say you earn 48k a year as a wage would any capital gain you make simply be taxed at 30% or do you divide that up among the progressive rates
The total you earn is taxed as if earned from one source. So follow the progressive tax steps. e,g anything over 70k is taxed at 33%.
Here is a calculator that gives the answers.


http://www.ird.govt.nz/calculators/k...-tax-rate.html