What is a Prescribed Investor Rate (PIR)?

A Prescribed Investor Rate (PIR) is the tax rate used on your investment in a Portfolio Investment Entity (PIE) such as the Westpac KiwiSaver Scheme, Term PIE or another Westpac managed fund.

Things you should know.

The information provided above is general in nature and should not be construed as tax advice. Taxation legislation, its interpretation and the rates, levels and bases of taxation may change. The application of taxation laws depends on your individual circumstances.