Take a contributions holiday

If you're an employee, once you've been a member for 12 months you can take a break from saving - this is called a contributions holiday.

A contributions holiday is for employees who want a break from making KiwiSaver contributions from their pay.

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  • Sweater 21 Boutique Pullover Forever winter a contributions holiday (if you've been a member for 12 months or more)
  • an early contributions holiday (if you've been a member for less than 12 months).

You join KiwiSaver

You can apply for an early contributions holiday


You can take a contributions holiday

Contributions holiday

Can you get a contributions holiday?

All KiwiSaver members, who have been a member for 12 months or more, can take a contributions holiday. You don't need to provide a reason.

How long is a contributions holiday?

If you've been a member of KiwiSaver for 12 months or more, you can take a contributions holiday of between 3 months and 5 years. In some cases Inland Revenue may agree to a holiday of less than 3 months.

There's no limit to the number of times you can take a contributions holiday and you can renew it at any time.

Can I restart my contributions while I am on a contributions holiday?

You can restart your contributions while you're on a contributions holiday by asking your employer to begin making deductions again.

You can start or stop your contributions at any time during your contributions holiday but if the change is within three months of the last change, your employer needs to agree.

Your employer will be required to begin compulsory employer contributions again when you restart the contributions from your pay.

You will also be entitled to the member tax credit.

Early contributions holiday

An early contributions holiday allows you to take a break from making contributions within the first 12 months of becoming a KiwiSaver member.

Can you get an early contributions holiday?

Inland Revenue will only consider an early contributions holiday where you're experiencing, or likely to experience, financial hardship.

You'll need to provide evidence of financial hardship , for reasons outside your control, to support your application.

If your financial circumstances have changed for reasons Pullover Sweater Boutique 21 Forever winter within your control or discretion, Inland Revenue may not accept your application.

How long is an early contributions holiday?

Boutique winter Forever 21 Sweater Pullover Inland Revenue will work with you to decide on the appropriate length of an early contributions holiday - the default period is 3 months. Depending on your circumstances they may give you longer.

How to apply for a contributions holiday

To apply for a contributions holiday or an early contributions holiday you can:

  • apply online if you're registered for My KiwiSaver, or
  • print off and complete a Contributions holiday request (KS6) and post it to Inland Revenue (address details are on the form), or
  • call Inland Revenue on:
    • 0800 549 472 (0800 KIWISAVER), or
    • 04 978 0800 if calling from a cellphone.

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winter Pullover Forever Sweater Boutique 21 What happens to your contributions?

While you're taking a contributions holiday: