Your prescribed investor rate (PIR) is the tax rate you need to pay on your New Zealand investments to Inland Revenue (IRD) when investing in a portfolio investment entity (PIE). Some managed funds are a type of PIE.

To calculate your PIR, you’ll need to answer some questions about your income over the last two years. Go to Settings > Tax Details in Sharesies, and under ‘Select your PIR’ select ‘answer these questions’.

You need to make sure your elected PIR is correct at all times.

Read more about prescribed investor rates and tax:

Did this answer your question?