A prescribed investor rate (PIR) is the rate used to calculate how much tax you’ll pay on your portfolio investment entity (PIE) taxable income. Your Investment/KiwiSaver often has a PIE component and if your PIR rate is incorrect we need you to inform us. Depending on your circumstances, your PIR could be either 10.5%, 17.5% or 28% so knowing which rate is right for you is significant. Find out how to calculate your PIR here.
Spratt Financial Group was proud to be a part of the Henderson Rotary Golf Day to support a variety of Auckland charities. The event was held on the 21st March at the beautiful Huapai golf course. Spratt’s entered a team and also supported players with their famous mid-point refreshment tent. The proceeds will be put to good use by Henderson Rotary with a wide range of charities, including Starship Hospital supported.