Income of New Zealand trusts and estates
By allocation, year ended March 2001–2024, NZD billions
| Year ended March | Measure | NZD millions |
|---|---|---|
| 2001 | Income of Trusts allocated as beneficiary income | 1,950 |
| 2001 | Income of Trusts allocated as trustee income | 1,980 |
| 2002 | Income of Trusts allocated as beneficiary income | 1,824 |
| 2002 | Income of Trusts allocated as trustee income | 2,732 |
| 2003 | Income of Trusts allocated as beneficiary income | 1,996 |
| 2003 | Income of Trusts allocated as trustee income | 3,520 |
| 2004 | Income of Trusts allocated as beneficiary income | 2,312 |
| 2004 | Income of Trusts allocated as trustee income | 4,774 |
| 2005 | Income of Trusts allocated as beneficiary income | 2,823 |
| 2005 | Income of Trusts allocated as trustee income | 6,127 |
| 2006 | Income of Trusts allocated as beneficiary income | 3,181 |
| 2006 | Income of Trusts allocated as trustee income | 7,338 |
| 2007 | Income of Trusts allocated as beneficiary income | 3,330 |
| 2007 | Income of Trusts allocated as trustee income | 8,268 |
| 2008 | Income of Trusts allocated as beneficiary income | 3,362 |
| 2008 | Income of Trusts allocated as trustee income | 9,098 |
| 2009 | Income of Trusts allocated as beneficiary income | 3,267 |
| 2009 | Income of Trusts allocated as trustee income | 8,704 |
| 2010 | Income of Trusts allocated as beneficiary income | 3,309 |
| 2010 | Income of Trusts allocated as trustee income | 10,303 |
| 2011 | Income of Trusts allocated as beneficiary income | 3,357 |
| 2011 | Income of Trusts allocated as trustee income | 5,374 |
| 2012 | Income of Trusts allocated as beneficiary income | 4,154 |
| 2012 | Income of Trusts allocated as trustee income | 6,211 |
| 2013 | Income of Trusts allocated as beneficiary income | 4,639 |
| 2013 | Income of Trusts allocated as trustee income | 9,065 |
| 2014 | Income of Trusts allocated as beneficiary income | 4,566 |
| 2014 | Income of Trusts allocated as trustee income | 6,098 |
| 2015 | Income of Trusts allocated as beneficiary income | 4,926 |
| 2015 | Income of Trusts allocated as trustee income | 6,855 |
| 2016 | Income of Trusts allocated as beneficiary income | 5,012 |
| 2016 | Income of Trusts allocated as trustee income | 7,653 |
| 2017 | Income of Trusts allocated as beneficiary income | 5,603 |
| 2017 | Income of Trusts allocated as trustee income | 8,246 |
| 2018 | Income of Trusts allocated as beneficiary income | 5,814 |
| 2018 | Income of Trusts allocated as trustee income | 9,462 |
| 2019 | Income of Trusts allocated as beneficiary income | 6,038 |
| 2019 | Income of Trusts allocated as trustee income | 9,939 |
| 2020 | Income of Trusts allocated as beneficiary income | 6,221 |
| 2020 | Income of Trusts allocated as trustee income | 10,159 |
| 2021 | Income of Trusts allocated as beneficiary income | 6,440 |
| 2021 | Income of Trusts allocated as trustee income | 15,868 |
| 2022 | Income of Trusts allocated as beneficiary income | 5,419 |
| 2022 | Income of Trusts allocated as trustee income | 14,467 |
| 2023 | Income of Trusts allocated as beneficiary income | 5,411 |
| 2023 | Income of Trusts allocated as trustee income | 15,186 |
| 2024 | Income of Trusts allocated as beneficiary income | 6,670 |
| 2024 | Income of Trusts allocated as trustee income | 40,630 |
Definitions
Trust: A trust is an entity that holds money or property for the benefit of its beneficiaries or for law purposes.
Estate: Estates are a person’s assets after they have died. Both trusts and estates are taxed on the income they generate.
Beneficiary income vs trustee income: Beneficiary income is income of a trust that vests in a beneficiary during the year or is paid to a beneficiary during the year or within a certain period after the end of the year. The rest of the income generated by a trust will be trustee income.
IR6 form: If you are a trustee of a trust, or the executor or administrator of a deceased person's estate you need to file an IR6 to account for income the estate or trust earns.
Data calculation/treatment
The spreadsheet has revisions to the 2021 to 2023 tax years and new data for the 2024 tax year. The data may not match what was previously published.
Limitations of the data
Data extracted in October 2025. All data is subject to further updates. The amounts are only for those trusts that allocated beneficiary or trustee income.
Data provided by
Dataset name
Tax Statistics: Income of trusts and estates (IR6 returns) 2024
Webpage:
How to find the data
At URL provided, select 'Trusts and estates statistics Sep 2025' Excel file.
Import & extraction details
File as imported: Tax Statistics: Income of trusts and estates (IR6 returns) 2024
From the dataset Tax Statistics: Income of trusts and estates (IR6 returns) 2024, this data was extracted:
- Sheet: Table - Trust and estates
- Range:
B10:N33 - Provided: 312 data points
This data forms the table Tax - Income of trusts and estates 2001–2024.
Dataset originally released on:
October 08, 2025
About this dataset
The Income of Trusts and Estates statistics reports on statistics from returns filed by trusts and estates in a tax year.