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What RWT rate should I use?

Use this simple guide to confirm your Resident Withholding Tax (RWT) rate - it'll only take a few seconds.

If you don't tell us your IRD number and RWT rate, you will be taxed at 33%. If you have a current Certificate of Exemption from RWT and you have provided a copy to us, then you don't need to use this guide, you can choose a 0% RWT rate.

Before you start you'll need to know what your expected taxable income for this tax year will total. This amount will include pre-tax salary and wages, pre-tax interest income, net business income, and deductible expenses/losses. If you are unsure of your income we recommend that you contact your employer(s), your accountant, or Inland Revenue on 0800 377 774.

Select the statements below which apply to you.

The information shown in this calculator is intended as a guide only and does not constitute tax advice to any person. To the extent permitted by law, ASB Bank Limited makes no warranty and accepts no liability in respect of your use of this calculator