If Inland Revenue believes your PIR with us is incorrect, they may provide us with an updated PIR for you. We’ll be required to update your KiwiSaver account with the new PIR.
You can subsequently change your PIR if you believe Inland Revenue hasn’t given us the correct one. You’ll also need to contact Inland Revenue and explain why you think the PIR is incorrect – you may need to provide them with updated income details for the past two years.
From the 2021 tax year end onwards, Inland Revenue will automatically refund you any PIE tax you’ve overpaid. They’ll notify you if you’re due a refund.