Make sure you don't pay too much tax.

The ASB Retail Unit Trusts, ASB Superannuation Master Trust (including the State Sector Retirement Savings Scheme), ASB Term Fund, ASB Cash Fund, ASB KiwiSaver Scheme, and FirstChoice KiwiSaver Scheme are all Portfolio Investment Entities (PIEs).

Why is this important to you?

If you invest in a PIE, tax will be paid at your Prescribed Investor Rate (PIR) on your share of the taxable income earned in the PIE. Your PIR is the tax rate used to calculate tax on your taxable PIE income.

This means you will be taxed at 0%, 19.5% or 30% depending on your PIR rate.

What do I need to do to ensure my investments are taxed correctly?

Let us know your IRD number and your PIR.

How to do this:

Determine your PIR online by answering a few simple questions

This will take only a few minutes. You will need to submit contact details as well as:

• Your IRD number- if you don't know this call the IRD on 0800 377 774
• Your ASB Investment / KiwiSaver account numbers call us on 0800 ASB FUNDS
  (0800 272 386) if you're not sure.

Don't forget, if you do not give us your PIR or IRD number your investments will be taxed at the default rate of 30%.

Do you know your Prescribed Investor Rate (PIR)?

Please select one option below Yes

No

Are you a New Zealand resident?

Please select one option below Yes

No

How do you hold your investment(s)?

Please select one option below My investment(s) is/are individually held

Some or all of my investments are jointly held

I am determining a PIR for a family trust or a company

The information contained on this website does not constitute specific tax advice to any person. ASB and ASBGI recommend that investors seek independent advice. Neither ASBGI, ASB, their related companies, directors, officers or employees, nor the trustee of any product referred to on this website accepts any liability for any loss or damage of any kind arising out of the use of or reliance on the information provided on this website, including and without limitation, any loss of profit or other damage direct or consequential.