Our team has been out and about, with staff taking part in the 2026 Southern Cross Round the Bays, Nicky and Shanan attending the Xero Partner Appreciation Day, and Walker Wayland Australasia joining us for a morning visit. Shane, Shanan, Alison and Nicky also travelled to Fiji for the WWA Annual Conference.
With the end-of-financial-year rush now behind us, we’re focused on making the most of the opportunities the new financial year brings
- Shane, Shanan and the Munro Benge team
Increased IR Activity: Why Audit Shield Matters More Than Ever
Inland Revenue (IR) activity continues to rise, with Audit Shield claims up 64% in February 2026 compared to the same time last year.
Audit Shield has seen increased activity across several key areas:
GST verifications up 53%
Risk reviews up 300%
Full audits up 50%
Income tax return audits up 40%
In addition, rental property reviews have doubled, along with increased attention on Fringe Benefit Tax (FBT).
So, what does this mean for you? IR is engaging earlier, more frequently, and across a broader range of tax types than ever before. Even well-run businesses can be selected for a review or audit, and the time and cost involved can quickly add up.
This is where Audit Shield provides real value.
Audit Shield helps cover the professional costs associated with responding to an IR enquiry, audit, or review — whether it begins with a phone call, written correspondence, or a routine GST check. It gives you peace of mind, knowing you have support in place without the worry of unexpected accounting fees.
With IR activity at elevated levels, now is an ideal time to ensure you’re protected.
Finding it difficult to make your 7 April Tax Payments?
If you’re finding it difficult to meet your 7 April tax payment (or any provisional tax payments), you’re not alone — and there are options available to help.
One effective solution is tax pooling. It allows you to meet your tax obligations on time while helping you avoid penalties and interest, easing cash flow pressure.
Rather than falling behind or incurring additional costs, tax pooling provides a practical and flexible alternative.
If this could be helpful for you or your business, get in touch with our team — we’re here to help you navigate your options and find the best solution.
Key changes from 1 April 2026: Kiwisaver, minimum wage and ACC levies
Kiwisaver Contribution Changes
From 1 April 2026, the minimum KiwiSaver contribution rate for both employers and employees will increase to 3.5%. Employees who wish to remain at the 3% rate temporarily can apply to Inland Revenue (IRD) for an exemption.
From 1 April 2026, New Zealand’s minimum wage rates will increase. The Adult Minimum Wage will rise to $23.95 per hour, while the Training Wage and Starting-out Wage will increase to $19.16 per hour.
ACC has announced several levy changes taking effect from 1 April 2026, including the removal of the No Claims Discount, updates to Experience Rating, and interest applying to levy instalment plans and late payments.
At Munro Benge, we’re about more than just your annual accounts and tax returns.
We work closely with our clients throughout the year — staying connected to your business, identifying opportunities, and providing practical, timely advice to support better decision-making.
There are many ways regular conversations with your accountant can make a real difference.
Discover five key ways we can support you beyond the numbers.
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