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Tax Panel
Estimates New Zealand tax obligations including GST and income tax, shows upcoming filing dates, and highlights approaching deadlines. All calculations use current NZ tax rates and rules.
What It Shows
| Section | Content |
|---|---|
| Annual estimates | Total income, total tax (GST + income tax), effective tax rate |
| Tax breakdown bar | Visual split showing GST vs income tax proportions |
| Upcoming dates | Next GST filing and provisional tax installment dates |
| GST urgency alert | Warning badge when next filing is within 14 days |
| Per-period estimates | Estimated tax amounts for each upcoming filing period |
NZ Income Tax Brackets (2024/25)
| Bracket | Rate |
|---|---|
| $0 -- $14,000 | 10.5% |
| $14,001 -- $48,000 | 17.5% |
| $48,001 -- $70,000 | 30% |
| $70,001 -- $180,000 | 33% |
| $180,001+ | 39% |
GST
- Rate: 15% (NZ standard rate)
- Filing frequency: bi-monthly
- Filing dates: 28th of the filing month (February, April, June, August, October, December)
Provisional Tax Dates
| Installment | Due Date |
|---|---|
| P1 | 28 August |
| P2 | 15 January |
| P3 | 7 May |
Key Features
- Effective rate calculation -- Shows the blended effective tax rate across all brackets, not just the marginal rate.
- Breakdown bar -- A horizontal stacked bar separating GST from income tax so you can see the split at a glance.
- Urgency alert -- A warning badge appears when the next GST filing date is within 14 days.
- Per-period estimates -- Estimated tax amounts broken down by upcoming filing period.
- What-If integration -- When the What-If Simulator is active, tax estimates update to reflect adjusted income/expense scenarios.
- NZ date formatting -- All dates use
en-NZlocale.
Data Source
| Store / Hook | Fields |
|---|---|
useFinanceStore | Income transactions, expense transactions |
useSimulation | Adjusted values when What-If Simulator is active |
Interactivity
| Action | Result |
|---|---|
| Activate What-If Simulator | Tax estimates recalculate for the adjusted scenario |
The panel is primarily display-only. Tax parameters (brackets, GST rate) are hardcoded to current NZ rates.
Related Panels
- What-If Simulator -- income changes affect tax estimates
- Cashflow Panel -- income data feeding tax calculations