Hi Clients,
At the moment we are taking approximately two months to complete your accounting work after we have received both your records and the completed KTS annual questionnaire which is available on our website.
However, some of our clients may have urgent requirements such as needing the accounts for the bank or for sale purposes. If this is you, please let us know and we can certainly accommodate those requirements. It's best to email Jane our practice manager and she can organize this for you.
Her email address is - jane@kts.co.nz
Hi Clients,
For many years one of the services that we have provided at KTS has been the auditing of some of our Clients accounts.
This has been beneficial to those of our Clients who are charities and not-for-profit organisations who need audits to secure funding, and has enabled them to keep their costs down and save on expenses.
Unfortunately due to rule changes by the NZ Institute of Chartered Accountants, we are now no longer able to provide auditing services.
We are very happy to recommend an auditing company that is reputable and provides a reasonably cost effective service to our Clients.
If you are needing to have your accounts audited, please contact Lilian on lilian@kts.co.nz and she will get straight back to you.
Hi to all our Clients,
Most of you will have received our email yesterday, but here's a reminder about the letter from IRD in case you didn't see it.
The IRD is in the process of sending all individuals their yearly Auto Calculation tax letters with a request for clients to confirm them, which means that IRD then file your tax return. Some of our Clients have had these letters and are confirming them themselves to IRD.
HOWEVER:
This isn’t ideal. Often there is additional information to add after your work has been processed that the IRD is not aware of. It then means that when we at KTS file your correct completed return, it doubles up with the IRD and they don’t automatically update the return with the information that we have provided.
Some of our Clients have received a refund as a result of IRD filing their tax return which they then have to pay back, and in some cases have been charged interest.
OUR ADVICE:
Our advice is when you received these letters, you do not immediately confirm with IRD, we will do that on your behalf when we have checked they are correct. If you have any questions please give us a call 09 4129902.
This information is also on the KTS website - kts.co.nz/the-ird-tax-filing-letter/
If you have any queries please call Jane 09 412 9902 xt 7
The IRD tax filing letter - KTS Chartered Accountants
kts.co.nz
The IRD is in the process of sending all individuals their yearly Auto Calculation tax letters with a request for clients to confirm them, which means that IRD then file your tax return. Some of our C...CHANGES TO PARENTAL LEAVE,
Many of you will be aware that the entitlements for parental leave have increased from the 1st of July.
If you have staff taking parental leave, you will need all details of the changes.
We have prepared a summary of all the info you will need, including a fact sheet done by Employsure Ltd, who are specialists in Employment law.
kts.co.nz/changes-to-parental-leave/
Hi Clients,
We have a new member of the team at KTS, she started this morning.
Her name is Kim Cullum and her role at KTS will involve preparing client accounts, doing financial statements, tax returns, and dealing personally with clients.
We welcome Kim on board and look forward to working alongside her.
To find out more about Kim -GO TO kts.co.nz/team/
- scroll down and click on 'profile'.
Hi Clients,
Tax time has arrived again!
All Clients should have received a notification from us letting you know that GST is due on the 29th of June. You can pay it online through your bank or use MyIR.
As the 29th of June is a Monday, it's best to get your payment scheduled this week to ensure it's on time and avoid penalties.
NORMALITY RETURNS!
We are very pleased to announce that as New Zealand is now at Level 1, the KTS office is fully open.
Dropping off accounts and face-to-face meetings, can all now occur directly with us.
We look forward to seeing our Clients again, we have missed you!
Hi Clients,
We are back in the office at KTS.
To see what our procedures are for visits and dropping off accounts, go to:
kts.co.nz/the-kts-team-are-all-back-in-the-office/
Do I get the $15 extra allowance per week for working from home during Covid-19?
Hi Clients,
Since the Herald article on Thursday 21st May, there has been some confusion and a lot of queries about this.
To read all about it go to:
kts.co.nz/do-i-get-15-extra-per-week-for-working-at-home-during-covid-19/
Hi Clients,
Are you experiencing price increases during Covid-19?
Times are tough at the moment and price increases are not what we want to see.
To find out if these price increases are acceptable, and if not, what to do about it, go to:
kts.co.nz/price-increases-during-covid-19/
