MTCs are the government contributions to your KiwiSaver fund.

Each year around August there is member tax credit (MTC) paid into qualifying KiwiSaver accounts.

This is the government contribution portion and is 50 cents for every $1 you contribute up to a maximum MTC of $521.43 for each account per year. So to qualify for the full MTC all you have to do is contribute $1042.86 to your account during the KiwiSaver year (July 1 - June 30).

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