The Prescribed Investor Rate (PIR) determines the amount of tax you’ll pay on the taxable income from your KiwiSaver earnings. See below link to the IRD’s tool to find your PIR and National Capital’s KiwiSaver tax information page.
IRD PIR Calculator – IRD – What is my prescribed investor rate?
Want to learn more? Check out our page on KiwiSaver Tax – Everything you need to know.
This is a crucial point to figure out as you may be overpaying if you haven’t set your PIR correctly. The opposite may also be true if you are underpaying and will have to pay back later. Get in touch if you have any questions regarding your prescribed investor rate (PIR) and we’ll be happy to help.