Ks 10 Form PDF Details

Understanding the KS 10 form is crucial for new employees who find themselves automatically enrolled in KiwiSaver and wish to opt out. The form, a part of the KiwiSaver Act 2006, provides a straightforward method for employees to declare their intention not to be a part of KiwiSaver. It demands detailed personal information, including the individual's IRD number, name, contact details, and bank account information. This ensures that any contributions already made can be returned promptly. The form also includes sections for employment details and circumstances under which a late opt-out request can be considered. Importantly, it outlines the specific window during which opting out is allowed—between day 14 and day 56 of new employment, highlighting that opting out is not an option in the first 13 days of employment. Employers also play a key role in this process, tasked with stopping deductions and returning contributions upon receipt of the opt-out form. Additionally, the form serves as a reminder of the importance of privacy and accurate information for tax obligations, indicating the potential for information exchange with government agencies and consequences for inaccuracies. For employees who decide against participating in KiwiSaver, this form is the first step toward opting out, ensuring their preference is respected, and contributions are refunded where applicable.

QuestionAnswer
Form NameKs 10 Form
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other namesks10 form, kiwisaver opt out form, ks10 kiwisaver form, ird ks10 form

Form Preview Example

KS 10

MAY 2011

New employee opt-out request

KIWISAVER ACT 2006

Use this form to opt out if you have been automatically enrolled and you don’t want to be a member of KiwiSaver. Or go to www.kiwisaver.govt.nz to complete our online form. Please read the notes on the back to help you ill in this form.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Section A

Personal details Please use

B

L

OC

K

L

E

T

T

E

R

S

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1.

Your IRD number

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

If you don’t know your IRD number or you don’t have one, call us on 0800 549 472

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2.

Your name

 

 

 

 

 

Mr

 

 

 

 

 

Mrs

 

 

 

 

 

 

Miss

 

 

 

Ms

 

 

 

 

 

 

Other

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Put a dash to indicate your title

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

First names

Surname

3.Your postal address

 

Street number

 

 

 

 

 

 

Street address or PO Box number

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Suburb, box lobby or RD

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Town or city

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Postcode

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4. Your contact

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

numbers

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Day

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mobile

 

 

 

 

 

 

 

5.Your email address

If you give an email address you may receive KiwiSaver information by email

6.Bank account details

Bank

 

Branch

 

Account number

 

 

 

 

 

Sufix

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Name of account holder

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

7.I wish to opt out of KiwiSaver

 

 

 

 

 

 

 

Day

 

 

Month Year

 

Signature

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Section B

Employment details Please use

B

L

OC

K

L

E

T

T

E

R

S

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

8. Employer’s IRD

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

If you don’t have your employer’s IRD number ask them for it or leave it blank.

number

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

9.Employer’s business name

10. Employment start

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Give this form to your employer or send it to Inland Revenue.

date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Day

 

 

Month Year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Section C

Late opt-out Please read the notes on the back of this form

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

11. If your request to opt out is more than eight weeks after you started employment, please give a reason for your late opt-out request.

This form is for new employees to opt out of KiwiSaver.

You can opt out on or after day 14 and on or before day 56 of starting new employment.

You can’t opt out in the irst 13 days.

Every time you start new employment, you’ll need to opt out again.

Complete the form then, either:

give this form to your employer so they can stop deductions immediately (for prompt return of your contributions, your employer can direct refund any KiwiSaver deductions they haven’t sent to us), or

send this form to Inland Revenue—see address below.

Late opt-out request

We may accept late opt-out applications if:

your employer didn’t give you a KiwiSaver information pack within seven days of starting employment

we didn’t send you an investment statement when we’ve allocated you to a default scheme

your employer didn’t give you an investment statement (for their chosen KiwiSaver scheme)

events outside your control meant you couldn’t give us your opt-out application within the eight-week time limit

you chose to opt in or were opted in to KiwiSaver but you did not meet the criteria to (see Employee information pack (KS 3 ) for criteria).

Note: Give this form to your employer, or send it directly to Inland Revenue, if you are making a late opt-out application. Your request can only be considered if it’s received by Inland Revenue or your employer within three months from the day Inland Revenue receives your irst contribution. We will advise you if your opt-out request has been accepted or declined.

When we approve your opt-out request, we’ll send you conirmation.

We’ll also advise your employer to stop making deductions. Either Inland Revenue or your employer will refund any deductions that have been made.

Bank account details

We need your bank account details so we can direct credit any KiwiSaver funds we are holding for you to your bank account. If you don’t have these details, send the form to us anyway.

You’ll ind more information in your Employee information pack (KS 3 ) or by going to www.kiwisaver.govt.nz

Privacy

Meeting your tax obligations means giving us accurate information so we can assess your liabilities or your entitlements under the Acts we administer. We may charge penalties if you don’t.

We may also exchange information about you with:

some government agencies

another country, if we have an information supply agreement with them

Statistics New Zealand (for statistical purposes only).

If you ask to see the personal information we hold about you, we’ll show you and correct any errors, unless we have a lawful reason not to. Call us on 0800 549 472 for more information. For full details of our privacy policy go to www.ird.govt.nz (keyword: privacy).

What an employer should do with this completed form

Send this form to Inland Revenue no later than the next time you’re required to send an Employer monthly schedule (IR 348) to Inland Revenue at the address below, or you can send the information through ir-File (see www.ird.govt.nz for details about ir-File).

Please send this completed form to:

Inland Revenue

PO Box 39090

Wellington Mail Centre

Lower Hutt 5045

For more information about KiwiSaver go to www.kiwisaver.govt.nz or call us on 0800 549 472.

How to Edit Ks 10 Form Online for Free

It is possible to complete ks10 printable form easily with our online tool for PDF editing. In order to make our editor better and easier to utilize, we continuously design new features, taking into account feedback from our users. Starting is effortless! All you should do is adhere to these simple steps down below:

Step 1: Click on the "Get Form" button above. It will open up our tool so that you could begin filling out your form.

Step 2: With the help of our advanced PDF editor, you may accomplish more than just fill in blank form fields. Express yourself and make your documents seem professional with custom text added, or optimize the original content to excellence - all comes along with the capability to incorporate your own pictures and sign it off.

This form requires specific info to be entered, thus ensure that you take whatever time to fill in what is expected:

1. You will want to fill out the ks10 printable form accurately, thus be attentive when filling out the areas that contain all these blanks:

Stage number 1 of completing ks10

2. Once your current task is complete, take the next step – fill out all of these fields - Bank account, details, I wish to opt out of KiwiSaver, Bank Branch, Account number, Sufix, Name of account holder, Signature, Day, Month, Year, Section B, Employment details Please use B L, Employers IRD number, and Employers business name with their corresponding information. Make sure to double check that everything has been entered correctly before continuing!

Guidelines on how to fill out ks10 part 2

When it comes to Sufix and Employers business name, make sure that you don't make any errors here. These are definitely the most important ones in this form.

Step 3: You should make sure your details are accurate and click "Done" to progress further. Get hold of the ks10 printable form the instant you sign up for a 7-day free trial. Easily get access to the pdf file in your personal account page, with any modifications and changes being automatically synced! Here at FormsPal, we do everything we can to make sure all of your information is stored secure.