Work out your prescribed investor rate (PIR)
There are three rates: 0%, 19.5% and 30%. Use the charts below to identify the correct rate for your circumstances. You cannot elect a rate.
Resident individual investors for income years starting after 1 April 2008
| If in the last two income years your taxable income was $38,000 or less, and when combined with the income from your PIE investments in those years ... | then your PIR is ... |
|---|---|
|
the total for either income year was $60,000 or less |
19.5% |
|
the total in both income years was greater than $60,000 |
30% |
| If in both of the last two income years your taxable income was ... | then your PIR is ... |
|---|---|
|
greater than $38,000 in both these years |
30% |
Other investors
| If you are a ... | then your PIR is ... |
|---|---|
|
non-resident investor |
30% |
|
company, incorporated society, PIE or portfolio investor proxy (PIP) |
0% |
|
trustee (excluding charitable trusts) and Super funds |
either 30% or 0%. You can choose one to best suit your beneficiaries. |
|
registered charitable trust |
0% |
|
joint investment, partnership or unincorporated society |
0%, 19.5% or 30%. |
When you have calculated your PIR
Once you have calculated your PIR, you should give it to your PIE along with your IRD number.
Additional information
Prescribed investor rate examples
Date published: 17 Jul 2008
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