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Previous years' prescribed investor rates (PIR)

Income year 1 October 2007 to 31 March 2008

Individuals

If you had taxable income... and ... then your PIR is ..
in either of the two previous income years of $38,000 or less when combined with your PIE allocated income or loss in that year is $60,000 or less 19.5%.
in both of the previous two income years of more than $38,000   33%.
in both of the previous two income years your PIE allocated income is more than $60,000 33%.

Other investors

If you are a ... then your PIR is ..
non-resident 33%.
charitable trust 0%.
trust or superannuation fund 33%.
company 0%.

The default PIR is 33%

Income year 1 April 2008 to 31 March 2009

Individuals

If you had taxable income... and ... then your PIR is ..
in either of the two previous income years of $38,000 or less when combined with your PIE allocated income or loss in that year is $60,000 or less 19.5%.
in both of the previous two income years of more than $38,000   30%.
in both of the previous two income years your PIE allocated income is more than $60,000 30%.

Other investors

If you are a ... then your PIR is ..
non-resident 30%.
charitable trust 0%.
trust or superannuation fund 0% or 30%.
company 0%.

The default PIR is 30%.

Income year 1 April 2009 to 31 March 2010

Individuals

If you had taxable income... and ... then your PIR is ..
in either of the two previous income years of $38,000 or less when combined with your PIE allocated income or loss in that year is $60,000 or less 19.5%.
in both of the previous two income years of more than $38,000   30%.
in both of the previous two income years your PIE allocated income is more than $60,000 30%.

Other investors

If you are a ... then your PIR is ..
non-resident 30%.
charitable trust 0%.
trust or superannuation fund 0%, 19.5% or 30%.
company 0%.

 

The default PIR is 30%.

Income year 1 April 2010 to 31 March 2011

Individuals

Taxable income was $14,000 or less
If, in either of the previous two income years your taxable income was $14,000 or less, and when combined with your PIE income or loss was ... then your PIR for 1 April to 30 September 2010 is ... and your PIR for 1 October 2010 is ...
$48,000 or less in the income year 12.5% 10.5%.
$48,001 to $70,000 in the income year and you don't already qualify for 10.5% 21% 17.5%.
$70,001 or more in both of the previous two income years 30% 28%.
Taxable income was $14,001 to $48,000

If in either of the previous two income years, your taxable income plus your PIE income or loss was:

  • $70,000 or less in the income year, your PIR is 17.5% (reduced from 21% on 1 October 2010) or
  • $70,001 or more in the previous two income years, your PIR is 28% (reduced from 30% on 1 October 2010).

Taxable income was more than $48,000

If your taxable income was more than $48,000 in both of the previous two income years, your PIR is 28% (reduced from 30% on 1 October 2010).

Note

If for the two previous income years you qualify for two rates, your PIR is the lower rate. For example, last year your rate is 17.5%, the previous year's rate is 10.5%, so your PIR is 10.5%.

Other investors

If you are ... then your PIR for 1 April to 30 September 2010 is ... and your PIR for 1 October 2010 is ...
non-resident investor 30% 28%.
company, incorporated society, PIE or PIE investor proxy (PIP) 0% 0%.

trustee (excluding charitable trusts) and super funds

Note: only trustees of testamentary trust can choose 12.5% or 10.5%.

either 30%, 21%,12.5% or 0%. You can choose one to best suit your beneficiaries either 28%, 17.5%, 10.5% or 0%. You can choose one to best suit your beneficiaries.
registered charitable trust 0% 0%.
joint investment, partnership or unincorporated society

0%, 12.5%, 21% or 30%

The investment should be split and each partner/holder should give the PIE their correct PIR and IRD number.

0%, 10.5%, 17.5% or 28%.

The investment should be split and each partner/holder should give the PIE their correct PIR and IRD number.

Default

The PIR is 28% (reduced from 30% on 1 October 2010).

 


Date published: 21 Sep 2010

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