I am a joint investor and we have different Prescribed Investor Rates, which rate should I use?

Last Updated: 23 Sep 2021

Each account holder should provide us with their individual Prescribed Investor Rate (PIR). The Portfolio Investment Entity (PIE) income attributable to jointly held investments will be taxed using the highest PIR of the account holders.

Find out more information about PIRs.

To update your PIR in FastNet Classic internet banking:

  1. Log in to FastNet Classic and select your Profile in the top right hand corner.
  2. Select Update Tax Details.
  3. You’ll see your tax details we have for you.
  4. Make any changes you need to.
  5. Select Save.

Or by contacting us.

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