{"id":17021,"date":"2017-05-15T01:16:57","date_gmt":"2017-05-15T01:16:57","guid":{"rendered":"https:\/\/stratusnz.nz\/?page_id=17021"},"modified":"2020-12-07T23:59:01","modified_gmt":"2020-12-07T23:59:01","slug":"kiwisaver-member-tax-credits-what-you-need-to-know","status":"publish","type":"page","link":"https:\/\/stratusnz.nz\/index.php\/kiwisaver-member-tax-credits-what-you-need-to-know\/","title":{"rendered":"KiwiSaver Member Tax Credits &#8211; What you need to know"},"content":{"rendered":"<p>[vc_row row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;full_width&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; css_animation=&#8221;&#8221;][vc_column width=&#8221;1\/3&#8243;][vc_single_image image=&#8221;17040&#8243; img_size=&#8221;&#8221; qode_css_animation=&#8221;&#8221;][\/vc_column][vc_column width=&#8221;1\/3&#8243;][vc_single_image image=&#8221;16982&#8243; alignment=&#8221;center&#8221; qode_css_animation=&#8221;&#8221;][\/vc_column][vc_column width=&#8221;1\/3&#8243;][vc_column_text]<span style=\"font-family: arial, helvetica, sans-serif; font-size: 14pt;\">Jude Drummond, AFA<\/span><\/p>\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">KiwiSaver &amp; Group Super Specialist, Retirement Savings<\/span><\/p>\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">Stratus Financial Services, Ltd<\/span>[\/vc_column_text][\/vc_column][\/vc_row][vc_row row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;full_width&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; css_animation=&#8221;&#8221;][vc_column css=&#8221;.vc_custom_1485897312457{padding-top: 15px !important;padding-bottom: 15px !important;}&#8221;][vc_separator type=&#8221;normal&#8221; color=&#8221;#967d89&#8243; thickness=&#8221;2&#8243;][\/vc_column][\/vc_row][vc_row row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;full_width&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; css_animation=&#8221;&#8221;][vc_column css=&#8221;.vc_custom_1494908678722{padding-top: 5px !important;padding-bottom: 10px !important;}&#8221;][vc_column_text]<\/p>\n<p><span style=\"font-size: 18pt; color: #967d89; font-family: arial, helvetica, sans-serif;\"><strong>KiwiSaver Member Tax Credit &#8211; 1 July 2018 &#8211; 30 June 2019<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: arial, helvetica, sans-serif;\"><span style=\"font-size: 14pt;\">To be eligible to get your KiwiSaver tax credit for the year you need to:<\/span><\/span><\/p>\n<ul>\n<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 14pt;\">Be aged 18-64 or,<\/span><\/li>\n<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 14pt;\">65-69 and in the first 5 years of membership.<\/span><\/li>\n<\/ul>\n<p>[\/vc_column_text][vc_column_text css=&#8221;.vc_custom_1494989292857{padding-top: 10px !important;}&#8221;]<span style=\"font-family: arial, helvetica, sans-serif; font-size: 14pt;\">If you fit the above criteria for every dollar you put into KiwiSaver, the Government will put in 50 cents up to a maximum of $521.43.<\/span><\/p>\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 14pt;\">If you have not been a KiwiSaver member for a full year, you turned 18 during the year, or you turned 65 during the year (and have been in KiwiSaver for more than 5 years), you are only eligible for a proportion of the Member Tax Credit.<\/span>[\/vc_column_text][\/vc_column][\/vc_row][vc_row row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;full_width&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; css_animation=&#8221;&#8221;][vc_column css=&#8221;.vc_custom_1494908693115{padding-bottom: 10px !important;}&#8221;][vc_column_text]<\/p>\n<p>[\/vc_column_text][vc_separator type=&#8221;normal&#8221; color=&#8221;#967d89&#8243; thickness=&#8221;2&#8243;][vc_column_text]<\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 18pt; color: #967d89;\"><strong><span style=\"font-family: arial, helvetica, sans-serif;\">Checking Your Contributions<\/span><\/strong><\/span><\/p>\n<p>[\/vc_column_text][vc_separator type=&#8221;normal&#8221; color=&#8221;#967d89&#8243; thickness=&#8221;2&#8243;][\/vc_column]<\/p>\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 14pt; color: #967d89;\"><strong>AMP KiwiSaver Online <span style=\"color: #967d89;\">access<\/span><\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: arial, helvetica, sans-serif; font-size: 14pt;\">You can view your AMP investment online. Go to\u00a0<a href=\"https:\/\/www.amp.co.nz\/personal\" target=\"_blank\" rel=\"noopener noreferrer\">www.amp.co.nz<\/a>, click &#8220;Log in&#8221;\u00a0in the top right corner. If you don\u2019t have a login and password please call AMP on 0800 808 267 to set this up.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt;\"><strong><span style=\"font-family: arial, helvetica, sans-serif; color: #967d89;\">ANZ and OneAnswer online access<\/span><\/strong><\/span><br \/><span style=\"font-family: arial, helvetica, sans-serif; font-size: 14pt;\">You can view your ANZ or OneAnswer KiwiSaver investment online at <a href=\"https:\/\/www.investments.anz.co.nz\" target=\"_blank\" rel=\"noopener noreferrer\">www.investments.anz.co.nz<\/a>. Select Customer login, and select KiwiSaver Customer. If you don\u2019t have a login, you can request one by selecting Request a login.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt;\"><strong><span style=\"font-family: arial, helvetica, sans-serif; color: #967d89;\">Fisher Funds and Fisher Funds TWO online access<\/span><\/strong><\/span><br \/><span style=\"font-family: arial, helvetica, sans-serif; font-size: 14pt;\">You can view your Fisher Funds and Fisher Funds TWO KiwiSavers online at either <a href=\"https:\/\/www.Fisherfunds.co.nz\" target=\"_blank\" rel=\"noopener noreferrer\">www.Fisherfunds.co.nz<\/a> or <a href=\"https:\/\/www.ff2kiwisaver.co.nz\/\" target=\"_blank\" rel=\"noopener noreferrer\">www.ff2kiwisaver.co.nz<\/a>. Select Online Access, and log in. If you don\u2019t have a login, you can register online by selecting Register.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt;\"><strong><span style=\"font-family: arial, helvetica, sans-serif; color: #967d89;\">Other KiwiSaver Providers Online Access<\/span><\/strong><\/span><br \/><span style=\"font-family: arial, helvetica, sans-serif; font-size: 14pt;\">Similar arrangements are in place for other KiwiSaver providers \u2013 please refer to their websites for log-in details.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; color: #967d89;\"><strong><span style=\"font-family: arial, helvetica, sans-serif;\">The last 3 months payroll KiwiSaver contributions will STILL be held at the IRD, so will not be showing in your online KiwiSaver balance.<\/span><\/strong><\/span><\/p>\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 14pt; color: #967d89;\"><strong>IRD<\/strong><\/span><\/p>\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 14pt;\">You can also check your KiwiSaver contributions online through <a href=\"https:\/\/www.ird.govt.nz\" target=\"_blank\" rel=\"noopener noreferrer\">www.ird.govt.nz<\/a> by logging in to &#8220;MyIR&#8221;, or at\u00a0<a href=\"https:\/\/www.kiwisaver.govt.nz\" target=\"_blank\" rel=\"noopener noreferrer\">www.kiwisaver.govt.nz<\/a>, click &#8220;My\u00a0KiwiSaver&#8221; and log in.<\/span><\/p>\n<h2 style=\"text-align: left;\"><span style=\"font-size: 18pt; color: #967d89;\"><strong><span style=\"font-family: arial, helvetica, sans-serif;\">Topping Up Your KiwiSaver<\/span><\/strong><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-family: arial, helvetica, sans-serif; font-size: 14pt;\">If you are eligible for the full Member Tax Credit but haven\u2019t quite made the $1042.86 in <span style=\"text-decoration: underline;\">Member<\/span> contributions this KiwSaver year, there is still time to top it up.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: arial, helvetica, sans-serif; font-size: 14pt;\">You can make a top-up payment to your (or a family member&#8217;s) KiwiSaver either via:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li><span style=\"font-size: 14pt;\"><span style=\"font-family: arial, helvetica, sans-serif;\">The My AMP app &#8211; <a href=\"https:\/\/www.amp.co.nz\/amp\/my-amp-app\" target=\"_blank\" rel=\"noopener noreferrer\">Get the app here<\/a><\/span><\/span><\/li>\n<li><span style=\"font-size: 14pt;\"><span style=\"font-family: arial, helvetica, sans-serif;\">Direct debit or internet banking from your account &#8211; you will need your IRD number<\/span><\/span>\n<ul>\n<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 14pt;\">Log into your internet banking and choose \u2018Tax Payment\u2019. Then select \u2018KiwiSaver member account (KSS)\u2019 as the tax or payment type. You will need your IRD number.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>\u00a0<\/p>\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 18pt; color: #967d89;\"><strong>Please make your payment by 25 June 2019 to allow for processing time.<\/strong><\/span><\/p>\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 14pt;\">Your Member Tax Credit will be deposited it into your KiwiSaver Scheme account after the end of the KiwiSaver year 30 June.<\/span><\/p>\n<p>\u00a0<\/p>\n<p><span style=\"font-size: 18pt; color: #967d89;\"><strong><span style=\"font-family: arial, helvetica, sans-serif;\">Get Sorted for Next Year<\/span><\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: arial, helvetica, sans-serif; font-size: 14pt;\">If you are eligible for the full Member Tax Credit you (the member) only need to contribute $1042.86 during the KiwiSaver year.\u00a0<strong> That\u2019s only $20.05 over 52 weeks.<\/strong> To make this easy for the 2018-2019 KiwiSaver year, you can set up a Direct debit straight from your bank account.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: arial, helvetica, sans-serif; font-size: 14pt;\">If you have any KiwiSaver questions contact Jude Drummond, AFA at <a href=\"mailto:jude@stratusnz.nz\">jude@stratusnz.nz<\/a>.<\/span><\/p>\n<p>[\/vc_row][vc_row row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;full_width&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; css_animation=&#8221;&#8221;][vc_column css=&#8221;.vc_custom_1485897182788{padding-top: 15px !important;padding-bottom: 15px !important;}&#8221;][vc_column_text]<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt; color: #808080;\">Disclaimer: This information does not constitute personalised advice. If you would like personalised advice please contact Stratus for an appointment.\u00a0<\/span>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n\n","protected":false},"excerpt":{"rendered":"<p>[vc_row row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;full_width&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; css_animation=&#8221;&#8221;][vc_column width=&#8221;1\/3&#8243;][vc_single_image image=&#8221;17040&#8243; img_size=&#8221;&#8221; qode_css_animation=&#8221;&#8221;][\/vc_column][vc_column width=&#8221;1\/3&#8243;][vc_single_image image=&#8221;16982&#8243; alignment=&#8221;center&#8221; qode_css_animation=&#8221;&#8221;][\/vc_column][vc_column width=&#8221;1\/3&#8243;][vc_column_text]Jude Drummond, AFA KiwiSaver &amp; Group Super Specialist, Retirement Savings Stratus Financial Services, Ltd[\/vc_column_text][\/vc_column][\/vc_row][vc_row row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;full_width&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; css_animation=&#8221;&#8221;][vc_column css=&#8221;.vc_custom_1485897312457{padding-top: 15px !important;padding-bottom: 15px !important;}&#8221;][vc_separator type=&#8221;normal&#8221; color=&#8221;#967d89&#8243; thickness=&#8221;2&#8243;][\/vc_column][\/vc_row][vc_row&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"_links":{"self":[{"href":"https:\/\/stratusnz.nz\/index.php\/wp-json\/wp\/v2\/pages\/17021"}],"collection":[{"href":"https:\/\/stratusnz.nz\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/stratusnz.nz\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/stratusnz.nz\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stratusnz.nz\/index.php\/wp-json\/wp\/v2\/comments?post=17021"}],"version-history":[{"count":31,"href":"https:\/\/stratusnz.nz\/index.php\/wp-json\/wp\/v2\/pages\/17021\/revisions"}],"predecessor-version":[{"id":17661,"href":"https:\/\/stratusnz.nz\/index.php\/wp-json\/wp\/v2\/pages\/17021\/revisions\/17661"}],"wp:attachment":[{"href":"https:\/\/stratusnz.nz\/index.php\/wp-json\/wp\/v2\/media?parent=17021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}