![KiwiSavers in line for tax penalties but not refunds](/pf/resources/images/placeholders/placeholder_l.png?d=796)
KiwiSavers in line for tax penalties but not refunds
KiwiSaver investors only pay 12.5 per cent tax on their investment income when their taxable income in either of the previous two years was $14,000 or less and combined with the income from your KiwiSaver scheme is below $48,000.