Determining the correct PIR rate

Your PIR rate can be adjusted at any time during the year up to the last week of March (so that the correct amount of tax is deducted and paid on your behalf to Inland Revenue (IRD). Once the tax payment is made to IRD in April, the IOOF Integral Master Trust will not be able to correct any over or under payment due to an incorrect PIR being provided.  

Working out your PIR

working out your PIR 

* Trustees of testamentary trusts may also choose 10.5 per  cent.

** This rate is subject to legislative change.

Information regarding PIR's in this guide is for the period  from 1 October 2010 and future income years.

For further information in calculating the correct PIR  please contact your adviser or visit the Inland Revenue website at www.ird.govt.nz.

Changing your PIR rate

You can change your PIR rate at any time during the year up to the last week of March.  

Simply complete the form or email us at info@integralonline.co.nz.