Individual income tax
Prescribed investor rate IR861
(published August 2008)
About this guide
This chart provides information about prescribed investor rates (PIR) and shows you what your correct rate should be.
Adobe Acrobat PDF | 108kb | 2 pages
When to use this guide
Read this guide if you have invested in or are considering investing in a certain type* of portfolio investment entity (PIE) such as a KiwiSaver scheme, and you are not sure which PIR to use.
* There are several different types of PIE and not all of them require investors to give them a PIR. If you aren't sure whether the PIE you have invested in or are considering investing in requires a PIR, then contact them to clarify this.
What you will need
To work out your PIR you will need the details of your taxable income for the last two years.
Note: From 1 April 2008, you will also include the income or loss your PIE allocates to you for the year.
Once you have determined your PIR you should give it to your PIE, along with your IRD number to ensure you are taxed at the appropriate rate.
