How do joint accounts work?

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• What PIR (Prescribed Investor Rate) is applied to joint accounts?

  For joint Investment Fund accounts where the account holders have different PIRs (Prescribed Investor Rates) tax is applied at the higher of the two rates.

• How do I set up an Investment Fund?

  Applying for an Investment Fund account only takes a few minutes online here. You'll need to provide your IRD number and photo ID like a passport and driver's licence. Once we've completed our verification checks, we'll send you information about how ...

• How do I make a deposit?

  For instructions, including Simplicity's bank details, please log on to the member app and click the Deposit button on your Accounts page.

• Can I invest in the name of a Company?

  You may be able to invest in the name of a company, depending on the Company structure. Please contact us on info@simplicity.kiwi and provide the name and company number and we can provide further information. Company accounts require a minimum ...

• What's my Prescribed Investor Rate (PIR)?

  Your Prescribed Investor Rate (PIR) is the rate of tax you pay on the income generated from your investment. The best place to work out your PIR rate is on the IRD's PIR calculator here. It's your responsibility to update your PIR rate if it changes. ...