Key features & benefits
PIE investments have special tax rules and have a maximum tax rate on returns of 28%.
The tax you’ll pay on any investment income from a PIE is based on your prescribed investor rate (PIR) instead of your personal income tax rate – so you could end up paying less in tax than you would on a non-PIE account or investment.
Available to almost everyone including companies, trusts and organisations.
Choose from Notice Saver, PIE Term Deposit or PIE Online Call.
Pick the right Prescribed Investor Rate (PIR)
From time to time, Inland Revenue may advise us to change your PIR if they identify that you’re on the wrong rate. If this happens, we'll notify you. If you believe Inland Revenue hasn't given us the correct PIR, you can change your PIR subsequently. You'll need to contact Inland Revenue to discuss why you believe their information is incorrect.
Standard terms and conditions
Kiwibank PIE Online Call Fund, Kiwibank PIE Term Deposit Fund and Kiwibank Notice Saver are funds within a Portfolio Investment Entity (PIE). Units in Kiwibank PIE Online Call Fund, Kiwibank PIE Term Deposit Fund and Kiwibank Notice Saver are distributed by Kiwibank Limited and are issued by Kiwibank Investment Management Limited. See all investments terms and conditions or pick up copies from your nearest Kiwibank.
This communication contains general information only and not investment or tax advice, and as such you shouldn't rely on it as the sole basis for any financial decision. Potential investors should seek professional advice as to whether an investment is right for them, including the taxation implications of such an investment.
Retail products aren't available to financial institutions or wholesale customers.