This short guide has been specifically designed to assist small employers (employers who only file once a month) to calculate their monthly KiwiSaver compulsory employer contributions and claim the employer tax credit available. The guide provides realistic examples and help notes. (Employers that file twice monthly will need to use the on-line PAYE calculator or refer to the KiwiSaver Employers guide KS4).

Using this guide will help you understand and calculate your KiwiSaver employer contributions and employer tax credits.

From 1 April 2008:

• employers must contribute 1% of employees' gross salary and wages if they belong to a KiwiSaver scheme.
• employers can claim a tax credit to help offset the cost of the compulsory employer contribution.

We explain what you are required to do, how to make these calculations and we provide realistic examples and help notes.