Your Prescribed Investor Rate, or PIR, is the rate of tax you pay on the income generated from your KiwiSaver investment - it can be 10%, 17.5% or 28%.
To view or update the PIR on your Simplicity account, please log in to the member app and select Profile from the main menu. You’ll be able to update your PIR there. Please allow 1 working day for the change to show online.
It’s your responsibility to update your PIR if it changes. The best way to check your correct PIR is to use IRD’s PIR calculator.
To update your employee contribution rate from your salary/wages, please contact your employer or make the change via your myIR login. The available rates are 3.5%, 4%, 6%, 8% or 10%.
The investments within the Simplicity KiwiSaver Funds are taxed based on the tax regime that relates to each of them. So, for example, there is no tax paid on capital gains from New Zealand and Australian shares; only on dividends. International ...
If your loved one had a Simplicity account please contact the Investor Services team here for the next steps to take. We'll need to know their full name, date of birth and IRD number.
When you join KiwiSaver for the first time, the default contribution rate is 3.5% for both employees and employers, with payments made automatically each time you're paid your salary/wages. You can choose to contribute more - 4%, 6%, 8% or 10% - by ...
Yes, you can request a transfer from your Australian superannuation scheme into a Simplicity KiwiSaver account. Please contact your Australian Scheme provider and ask for their Trans-Tasman portability transfer documents. Please note: Australian ...