Your prescribed investor rate (PIR) determines how much tax you pay on your investment earnings from the Booster KiwiSaver Scheme.
Which rate applies to you depends on your overall income from all sources.
You need to tell us your prescribed investor rate (PIR) or we'll use the default rate of 28%.
If you don't choose the correct rate, you could be paying more tax or less tax than you need to.
If you overpay your tax, you cannot get a refund.
If you've underpaid, you’ll need to pay any shortfall to Inland Revenue.
You can check and update your prescribed investor rate (PIR) by following these steps:
We have a flowchart to help you figure out your prescribed investor rate (PIR) status.
If you have any queries or want to know more: