"*" indicates required fields Name* First Last Email* Phone NumberFind my Prescribed Investor Rate (PIR) You can use the questions below to work out the prescribed investor rate (PIR) that applies to you. Your PIR rate applying to your investments for any given year depends on your income from employment and investment returns for each of the previous 2 tax years. For example, your PIR for the 2024 financial year (01/04/2023 – 31/03/2024) depends on your income for the 2023 (01/04/2022 – 31/03/2023) and 2022 (01/04/2021 – 31/-3/2022) tax years. You need to work out your income for each of the last two tax years. You can then choose the year with the LOWEST TOTAL INCOME to work out your PIR for the current year. For example, if you earn $50,000 in the 2023 tax year and $41,000 in the 2022 tax year, you can use your 2022 income of $41,000 to work out your PIR for the 2024 tax year. Because of this, it is important to review your PIR annually as it may change from year to year based on income changes. This calculator assumes you are a NZ resident for tax purposes. If you want to know your tax residency status, follow this link: Tax residency status for individuals (ird.govt.nz). Once you’ve worked out your PIR, make sure you give it to the Fund Manager of any ‘PIE’ Investments that you have. This will ensure you are taxed correctly. What type of investor are you?SelectIndividual InvestorJoint InvestorCompanyIncorporated SocietyUnincorporated SocietySuperfund or TrusteeRegistered Charitable TrustNon-resident InvestorIf you are a joint investor, you need to work out the PIR of each investor separately, then give the PIR for each investor to your PIE Fund Manager. For example, if Bob and Sue have a joint investment, both Bob and Sue need to work out there PIR rate individually and provide this to their PIE Fund Manager. To do this, select, ‘Individual Investor’ for ‘What type of investor are you’ and follow the prompts to find our your PIR Rate.Your PIR is 0% Write this number down, you will need it on the next pageYour PIR is 28% Write this number down, you will need it on the next pageIf you are an Unincorporated Society, you need to work out the PIR of each partner separately, then give the PIR for each partner to your PIE Fund Manager. For example, if Bob and Sue have a joint investment, both Bob and Sue need to work out there PIR rate individually and provide this to their PIE Fund Manager. To do this, select, ‘Individual Investor’ for ‘What type of investor are you’ and follow the prompts to find our your PIR Rate.Your PIR is 28%. This assumes that investment income/returns are retained within the trust. If income is distributed to beneficiaries then the PIR rate will be determined by the beneficiaries PIR status. Write this number down, you will need it on the next pageDo you receive income from overseas?SelectYesNoIf you earn income outside New Zealand, you’ll need to including this worldwide income when determining your PIR’. In the following questions, when you are prompted for your ‘total taxable income’, include any income received from overseas. There are some exceptions to this, which can be found here or speak to your accountant.Working out your PIR RateTo work out your PIR, you need to know your annual ‘Taxable Income’ AND your ‘PIE Income’: TAXABLE INCOME: Your ‘taxable income’ includes any salary, wages, self-employed income, superannuation and any benefits or student allowance. It also includes any income or returns from assets and investments including interest from savings or Term Deposits in the bank, dividends from any shares/equities, business income, rental income from an investment property and returns from any Managed Funds. It includes anything except income or returns from any PIE Funds you are invested in, including KiwiSaver. PIE INCOME: PIE Income ONLY includes income or returns from any PIE funds or investment you are invested in. Note all KiwiSaver Funds are PIE Funds so include this here.In either of the last 2 income years was your taxable income $14,000 or less?*SelectYesNoIn either of the last 2 income years was your taxable income plus your PIE income $48,000 or less?*SelectYesNoYour PIR is 10.5% Write this number down, you will need it on the next pageIn either of the last 2 income years was your taxable income $48,000 or less?*SelectYesNoIn either of the last 2 income years was your taxable income plus your PIE income $70,000 or less?*SelectYesNoYour PIR is 17.5% Write this number down, you will need it on the next pageYour PIR is 28% Write this number down, you will need it on the next page What impact could this have on my investment?(this section is not mandatory)What is your Salary or Income Per Annum?WHAT IS YOUR ANNUAL TAXABLE INCOME OR RETURNS FROM ASSETS AND INVESTMENTS?(‘including interest, dividends, business income, rental income from an investment property, benefits)Total Taxable IncomeYour RWT Personal Tax Rate is 10.5% Put this number into the box named ‘RWT Personal Tax Rate’ belowYour RWT Personal Tax Rate is 10.5% Put this number into the box named ‘RWT Personal Tax Rate’ belowYour RWT Personal Tax Rate is 17.5% Put this number into the box named ‘RWT Personal Tax Rate’ belowYour RWT Personal Tax Rate is 17.5% Put this number into the box named ‘RWT Personal Tax Rate’ belowYour RWT Personal Tax Rate is 30% Put this number into the box named ‘RWT Personal Tax Rate’ belowYour RWT Personal Tax Rate is 30% Put this number into the box named ‘RWT Personal Tax Rate’ belowYour RWT Personal Tax Rate is 33% Put this number into the box named ‘RWT Personal Tax Rate’ belowYour RWT Personal Tax Rate is 33% Put this number into the box named ‘RWT Personal Tax Rate’ belowYour RWT Personal Tax Rate is 39% Put this number into the box named ‘RWT Personal Tax Rate’ belowThis field is hidden when viewing the formSection BreakARE YOU MISSING OUT ON PIE TAX BENEFITS?The below compares how much tax you will pay if you invest in a PIE Fund (left hand column) versus how much tax you will pay if you invest in the same amount in a Fund that is NOT a PIE Fund (right hand column).Amount to InvestInvestment Return % (annualised, pre tax)Please enter your expected return on investment return eg 5%PIE FUND SCENARIONON PIE FUND SCENARIOPIE Tax Rate % (PIR)(insert PIR% figure from previous page)RWT Personal Tax Rate %(insert RWT Personal Tax Rate from above)Annualised Investment Return, Pre TaxAnnualised Investment Return, Pre TaxTax on your Returns, Per AnnumTax on your Returns, Per AnnumFinal Annualised Return, Post TaxFinal Annualised Return, Post TaxIn this scenario, you payLESS TAX PER YEAR BY INVESTING IN A PIE FUND.By submitting this form, you consent to allowing Midlands to store your contact details and using these details to promote and market our products and services. 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