🇳🇺 Niue Tax Guide — Income, Corporate & VAT Rates

The tax rates in Niue range from 11% to 25% for personal income tax, with a corporate tax rate of 20% and a value-added tax (VAT) rate of 5%.

Tax System Overview

Niue, a territory of New Zealand, has a territorial tax system, meaning that only income earned within Niue is subject to taxation, and foreign-earned income is not taxed. This system applies to both residents and non-residents. To be considered a tax resident in Niue, an individual must have a permanent home available to them in Niue, or have been present in Niue for more than 183 days in a 12-month period. The tax system in Niue is relatively straightforward, with a focus on simplicity and ease of compliance.

The tax authorities in Niue are responsible for administering the tax laws and ensuring compliance. The tax year in Niue runs from January to December, and taxpayers are required to file their tax returns by the end of April following the end of the tax year. The tax treaty network in Niue is limited, with only one country, New Zealand, having a tax treaty with Niue. This treaty helps to prevent double taxation and fiscal evasion.

Personal Income Tax

Corporate & Business Tax

• The corporate tax rate in Niue is 20%, which applies to all companies, whether resident or non-resident.
• Small businesses in Niue may be eligible for incentives, such as reduced tax rates or exemptions from tax, depending on the type of business and the level of investment.
• There are no free zones in Niue, but the government offers investment incentives to businesses that invest in certain sectors, such as tourism or agriculture.
• Companies in Niue must register with the tax authorities and obtain a tax identification number before commencing business.
• Companies are required to file their tax returns and pay any tax due within six months of the end of their financial year.

VAT / Sales Tax

• The standard VAT rate in Niue is 5%, which applies to most goods and services.
• There are no reduced rates of VAT in Niue, but some goods and services, such as basic food items and healthcare services, are exempt from VAT.
• Tourists in Niue may be eligible for a tourist refund scheme, which allows them to claim a refund of VAT paid on certain goods and services.
• Businesses in Niue must register for VAT if their annual turnover exceeds NZD 40,000.

For Expats & Foreign Workers

• Expats and foreign workers in Niue are considered tax residents if they have a permanent home available to them in Niue or have been present in Niue for more than 183 days in a 12-month period.
• Niue has a double taxation treaty with New Zealand, which helps to prevent double taxation and fiscal evasion.
• Expats and foreign workers in Niue are required to pay social security contributions, which are used to fund healthcare and other social services.
• Expats and foreign workers may be eligible for a remittance of their tax-free threshold, which allows them to remit a portion of their income tax-free.
• Expats and foreign workers in Niue are required to obtain a tax identification number before commencing work.
• Expats and foreign workers may be eligible for tax credits for taxes paid in their home country, depending on the terms of the double taxation treaty.

Crypto & Investment Income

• Investment income, such as dividends and interest, is subject to tax in Niue, and is included in an individual's taxable income.
• Cryptocurrency is considered a capital asset in Niue, and gains from the sale of cryptocurrency are subject to tax as capital gains.
• Dividends received by shareholders are subject to tax, but may be eligible for a tax credit for taxes paid by the company.
• Rental income from property is subject to tax, and may be eligible for deductions for expenses related to the property.