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  • How Do You Fill In A Kiwi Saver Deduction Form

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Mployment an existing employee and want to opt into KiwiSaver a KiwiSaver member and want to change your contribution rate. Please read the notes on the back to help you fill in this form Section A General Please put a dash to indicate your situation eg 1. Are you a KiwiSaver member? Yes. Go to Question 2 No. Go to Question 3 2. Are you on a contributions holiday? Yes See note below No. Go to Question 3 If you have a contributions holiday notice you must show it to your employer.

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KiwiSaver contributions will be deducted from each payment of your salary or wages. You may choose a contribution rate of 3%, 4%, 6%, 8% or 10%. If you don't choose a rate, the default rate of 3% applies. If you want to contribute more you can make voluntary contributions directly to your scheme provider.

Log into myIR: select 'Change KiwiSaver Contribution Rate' under the 'more' menu of your KiwiSaver account. complete the form and submit.

Your existing eligible employees who are older than 18 and less than 65 years of age can opt into KiwiSaver. They can either opt in through you or with a scheme provider. Your temporary and casual employee's situation can mean either you automatically enrol them in to KiwiSaver, or they can choose to opt in.

Your compulsory employer contribution can go to one or be shared between them. For example, 2% to KiwiSaver and 1% to the complying fund. Your compulsory employer contribution must still be at least 3%. If you give less than 3% to a complying fund you must pay the difference to your employee's KiwiSaver scheme.

But it's probably better to reduce, and preferably eliminate, your mortgage before contributing more than 3% to KiwiSaver. A financial adviser can help you compare your mortgage interest rate with the rate of return you might get from your KiwiSaver account, and see what's best for you.

Your employer's compulsory contributions must be on top of your regular pay. If you agreed to a total remuneration package, your employer must pay contributions on top of the package. You should not take home less in your pay because your employer is making a compulsory contribution.

The easiest way to contribute to your account is via online banking. You can choose between setting up an automatic payment or a one-off payment. Generate KiwiSaver Scheme is a saved payee with most major banks, so you can easily select us when setting up your payment.

You're legally required to contribute to your employees' KiwiSaver at 3% of their gross salary or wage. You can contribute more if you wish. The 3% has to be on top of their total salary or wages, which include: bonuses.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232