The 1st of July 2025 saw the initial round of changes to KiwiSaver with the announcement that further changes would take place as of 1st April 2026.
These updates are summarised below:
- Default employer and employee contribution rates increase from 3% to 3.5% – unless a temporary rate reduction has been applied for by the Employee
- If you have employees aged 16 & 17 year old you may now need to contribute the minimum Employee contribution (previously 18 years)
For more detailed information please click here.
If you have any questions or concerns, just give us a call on 07 885 1022, we’re always happy to help.