Paying tax on KiwiSaver

The return you make on your KiwiSaver investment is subject to tax, which is deducted by your KiwiSaver provider and paid to Inland Revenue on your behalf.

The amount of tax you pay depends on whether your scheme is a portfolio investment entity (PIE) and if so, what your prescribed investor rate (PIR) is.

Here is some information to help explain the ins and outs of PIRs. The info provided below relates to KiwiSaver schemes that are PIEs only.