Do I need to file a tax return for my Portfolio Investment Entity (PIE) income?
Last Updated: 04 Dec 2025
If your Prescribed Investor Rate (PIR) was recorded correctly for the year, the correct amount of Portfolio Investment Entity (PIE) tax will be paid to Inland Revenue on your behalf and you don’t need to do anything further. You can check the PIR we have recorded for you using the ASB Mobile Banking app or FastNet Classic internet banking or by contacting us.
ASB Mobile app:
- Log in to the ASB Mobile app.
- Tap the profile icon in the top left corner of the ‘Accounts’ screen.
- Tap ‘Personal profile’.
- Then scroll down and open ‘Tax details’ to view or update.
FastNet Classic:
- Log in to your FastNet Classic account.
- Click on 'Settings' in the top right of the page.
- Click on ‘Personal profile’.
- Scroll down and click 'Tax details' to see your tax details.
Find out more information about PIRs and if your PIR is recorded incorrectly, please let us know so we calculate the correct amount of tax for you next year.
- If the PIR information we held for you was incorrect in the current tax year, you may need to complete a tax return.
- If the PIR we held for you should have been a lower PIR and tax has been deducted at a higher PIR, then from the tax year ending 31 March 2021 the overpaid tax will be refunded by the IRD either as the result of the Inland Revenue’s year-end automated income assessment process, or through the completion of an income tax return.
- If the PIR we held for you should have been higher, the additional PIE tax will be calculated either as the result of the Inland Revenue’s year-end automated income assessment process, or through the completion of an income tax return.
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