January 2026 - SME Financial

<img width="1024" height="768" src="https://smefinancial.co.nz/wp-content/uploads/2026/01/niranjan-lamichhane-NEip1Qfc2P4-unsplash-1024x768.jpg" class="attachment-large size-large" alt="The KiwiSaver rate change 1 April 2026 increases the KiwiSaver default contribution rate, which impacts employee deductions and the KiwiSaver employer contribution 2026. Employers should also be aware of the KiwiSaver temporary rate reduction 2026 option for staff who want to stay on a lower rate." srcset="https://smefinancial.co.nz/wp-content/uploads/2026/01/niranjan-lamichhane-NEip1Qfc2P4-unsplash-1024x768.jpg 1024w, https://smefinancial.co.nz/wp-content/uploads/2026/01/niranjan-lamichhane-NEip1Qfc2P4-unsplash-300x225.jpg 300w, https://smefinancial.co.nz/wp-content/uploads/2026/01/niranjan-lamichhane-NEip1Qfc2P4-unsplash-768x576.jpg 768w, https://smefinancial.co.nz/wp-content/uploads/2026/01/niranjan-lamichhane-NEip1Qfc2P4-unsplash-1536x1152.jpg 1536w, https://smefinancial.co.nz/wp-content/uploads/2026/01/niranjan-lamichhane-NEip1Qfc2P4-unsplash-2048x1536.jpg 2048w" sizes="(max-width: 1024px) 100vw, 1024px" />

The KiwiSaver rate change 1 April 2026 increases the KiwiSaver default contribution rate, which impacts employee deductions and the KiwiSaver employer contribution 2026. Employers should also be aware of the KiwiSaver temporary rate reduction 2026 option for staff who want to stay on a lower rate.

Upcoming Changes to KiwiSaver Contribution Rates

January 21, 2026 / SME Business Advisory Team

KiwiSaver rates are rising from 3% to 3.5% from 1 April 2026. Learn what NZ employers must do, payroll impacts, and staff communication tips.