Figuration

From 1 April, the default KiwiSaver contribution rate increases from 3% to 3.5%.

For employers, this effectively means a 0.5% increase in wage costs, making now a good time to review your budgets and cash flow before the change kicks in.

For employees, it’s worth understanding how this may impact your take-home pay and whether the default rate still suits your situation.

Changes like this are a timely reminder that small adjustments can add up. Reviewing your budget, payroll settings, and overall financial position now can help you avoid surprises later.

If you’d like support reviewing your numbers, updating your budget, or understanding how these changes affect your business, we’re here to help.

Get in touch with Figuration to have a conversation.

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