Welcome to the August 2025 Update
Hello to all our Clients,
We hope you are all enjoying the winter months with the rain, the cold weather, and the occasional sunshine.
Spring is just around the corner!
A warm welcome to our new clients
As you are a new client, we have added you to our mailing list, which means you will receive the KTS Updates.
We send out updates regularly to all clients, to let them know of any changes, or new and important information from our office at KTS, so it pays to keep up with them.
The updates also include other items of interest that could be beneficial to your Business, Trust or Company.
The updates are also available to be read on the KTS website.
Website
Check out the KTS website, which we think of as our working website, keeping it up to date with as much information as we feel our clients need.
Here’s our address – https://kts.co.nz/
Please do not hesitate to come back to us if your require any extra information or have any further queries, we love to hear from our clients.
In this month’s update
This month we have some information from the KTS office, including:
- how you receive your financial statements
- signing your accounts electronically
- tax due dates
- other interesting information of changes coming that may impact you
Information from the KTS office
Printed folders of financial statements
We have in the past presented our Clients with printed folders of their financial statements.
We have now transitioned to electronically sending financial statements which is the way forward.
When you receive your electronically sent financial statements, you can save them to your computer. You will also have the option to print them if you prefer a printed version.
At the KTS office we have spare folders which you are welcome to pick up and use to store your printed financial statements in.
Signing your financial accounts electronically
We are still having a number of calls from clients who are having difficulty in signing their accounts electronically.
We understand that this is new technology and can take a while to get used to in this ever changing world.
We have complied step by step instructions to enable clients to follow them – once you’ve done it the first time, it will be easier.
You can save the instructions to your desktop for next year, by right clicking on the instructions post (below), choose ‘save as’ and choose your desktop or another file.
Changes to the way we file your company’s annual return
We are updating the way we file company annual returns with the Companies Office.
If we handle your annual return filing, please note that directors will now receive a document bundle via FuseSign that must be reviewed and signed.
The annual return cannot be filed until this signed bundle is is returned to us.
Reviewing and signing in is all done through the same software as you would sign your annual accounts electronically (instructions on signing above)
If you have any questions, please give Jasmine a call to discuss this further.
Jasmine – Phone: 09 4129902 ext. 8
Other updates of interest to clients
Tax due dates
Tax Due on the 28th August 2025
- 1st Provisional tax for 2026
- GST for the period ended 31st July 2025.
Provisional tax notices will be sent to Clients in the 1st week of August.
Get ready for Kiwi Saver changes
There have been changes made to Kiwi Saver from 1 July, 2025, and again in 2026 and 2028.
Government Kiwi Saver contributions change on the 1st of July 2025 and on the 1st July 2026 there are changes to the default employee contribution rates.
If you are an employer you will need to be aware of them.
Inland Revenue has updated information about the Kiwi Saver changes.
Financial tips to help your business
Mismanaging money is one of the most common reasons small businesses, sole traders and contractors fail.
Our step-by-step guide will help you stay on top of your finances.
Customs goods clearance fees are changing
If your business imports or exports goods, there are some important changes coming you’ll want to know about.
Talk to your customs broker or freight forwarder to understand how these changes might impact your business.
What to do if your business is operating at a loss
It’s not uncommon for businesses to operate at a loss, especially those still finding their feet.
But if your business is losing more money than it’s bringing in, you’ll need to make some changes to keep your business running.
Changes like reducing your expenses, increasing your sales and how to claim losses at tax time.
