Shareholder Employees
What if you are a shareholder-employee?
There are two ways a shareholder employee can join KiwiSaver. This is determined by whether as a shareholder you pay provisional tax or have PAYE deducted from your pay.
- If you pay provisional tax then the process to join KiwiSaver is exactly the same as for self employed or sole trader (see Employee - obligations & options). You must choose your own KiwiSaver Scheme.
- If you have PAYE deducted from your salary/wage then you are treated as an employee and the relevant provisions above will apply to you.