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New Zealand Superannuation : Contents

Taxation

New Zealand Superannuation is a taxable benefit. MSD makes payments to clients at the net rate after the deduction of tax. MSD passes the tax on to Inland Revenue.

Generally MSD will request a client or partner who is included in the New Zealand Superannuation (grandparented non-qualified partner) to provide MSD with their IRD number or evidence of their IRD number.

For more information see:

Legislation

  • Beneficiary must supply tax file number section 112 Social Security Act 2018
  • Tax on benefits section 349-352 Social Security Act 2018
  • taxable income (definition) section YA 1 Income Tax Act 2007
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A grandparented non-qualified partner is any person who was included in a New Zealand Superannuation or Veteran's Pension as a non-qualified partner before 9 November 2020 and is still included after 9 November 2020.

Non-qualified partner - before 9 November 2020

A non-qualified partner is the partner of a New Zealand Superannuation or Veteran's Pension client who did not qualify for New Zealand Superannuation or Veteran's Pension in their own right before ...