Your PIR is your Prescribed Investor Rate, which is the rate of tax you pay on the gains your KiwiSaver investment makes.
It is determined by your income for the last two years:
Taxable Income was: | and Taxable Income plus Investment (PIE) Income: | PIR |
$14,000 or less | $48,000 or less | 10.5% |
$48,000 or less | $70,000 or less | 17.5% |
All other cases | 28% |
If you're not sure, check out the IRD website for more details!