Plain language law

New Zealand law explained for everyone

 Plain Language Law homepage
Back to
CX 49: Employer’s superannuation contributions
or “Employer contributions to your super fund are tax-free income”
You could also call this:

“KiwiSaver and superannuation fund tax credits are not taxable income”

If you get a tax credit for KiwiSaver or a complying superannuation fund, you don’t have to include it as income. This is covered in subpart MK of the law. It’s important to know that this money isn’t counted as part of your regular income, which means you won’t have to pay tax on it.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

Next up: CX 50B: Contributions to retirement savings schemes

or “Rules for tax on money saved for retirement”
Next

Part C Income
Excluded income: Definitions

CX 50Tax credits for KiwiSaver and complying superannuation funds

  1. An amount paid as a tax credit under subpart MK (Tax credits for KiwiSaver schemes and complying superannuation funds) is excluded income of the person deriving the amount.

Compare