I've been sent a Tax Certificate for my ASB KiwiSaver Scheme account, what is it for?
Last Updated: 25 Nov 2016
Your tax certificate is sent to you every year, usually in May, and details the tax payable (or refundable) on your ASB KiwiSaver Scheme investment for the year to 31 March (tax year). It also includes the Prescribed Investor Rate (PIR) we held for you for the tax year. You can find out what PIR you should use each year and inform us of any change.
As long as the PIR you nominated for the tax year was correct, you won't need to pay any additional tax in respect of your interest in the ASB KiwiSaver Scheme. For more details see the ASB KiwiSaver Scheme Tax Certificate guide.
For more information about how your investment is taxed see section 6 (What taxes will you pay?) of the Other Material Information document.
Did this answer your question?
Related Answers
-
In circumstances such as significant financial hardship or serious illness, you can apply for an early withdrawal of some or ...
-
A custodian will hold your financial products on your behalf. The custodian for ASB Portfolio Series is currently Investment Custodial ...
-
An ASB Wealth Manager can advise on a range of financial products and services, however the ASB Portfolio Series discretionary ...
-
You will be eligible for the annual Government contribution if you: are between 18 and the KiwiSaver retirement age (the ...
-
Each year you will receive: A statement every six months showing the value of your investment (and any transactions that ...
-
The transfer of KiwiSaver savings to an Australian complying superannuation fund is exempt from entry or exit taxes. Australian entry ...
