Kiwisaver rates to increase 1 April 2026
This is a proactive notification that your Xero Payroll clients will soon receive the email below about upcoming KiwiSaver contribution rate changes taking effect on 1 April 2026.
The NZ Government is increasing default Kiwisaver rates for employees and employers to 3.5% from 1 April 2026. Learn more.
This email is to make sure you know you need to take action.
Here's what you need to know:
· The change is from 1 April 2026.
· Xero has provided a tab in your Employee List page to review and update employees’ Kiwisaver rates.
Here’s what you need to do:
· Review all employee KiwiSaver details in the new tab.
· If you want them to be updated, select employees whose default rates need to be updated to 3.5% and click ‘increase default rates’.
· Identify employees who need manual updates via their profile.
Because the updated rates apply to any new or reset draft pay runs, you'll need to choose the best time to run the update for your business.