Cross Group

Feeling like you’re working just as hard but making less? You might be dealing with margin compression.

It’s when your costs go up faster than your income — meaning each sale puts less money in your pocket.

What’s causing it?
• Rising wages
• Higher fuel, energy & insurance costs
• Customers being cautious about spending

What can you do?
✔ Review your suppliers – can you negotiate or switch?
✔ Use tech or automation to cut down admin time
✔ Focus on your most profitable products or services
✔ Add value instead of just competing on price

Small changes can make a big difference to your bottom line.

If your margins are feeling tight, now’s the time to take action. Get in touch with our team to see how we can help you stay profitable.

KiwiSaver changes are here – are you set up properly?

From 1 April 2026, contribution rates have increased from 3% to 3.5% for both employees and employers. There are also new rules around younger employees and government contributions.

What does this mean for you?
✔️ Higher payroll costs
✔️ Updates needed in your payroll system
✔️ New obligations for 16–17 year old employees

It might seem small, but these changes can add up quickly if they’re not handled right.

If you’re unsure whether your payroll is set up correctly, now’s the time to check.

Don’t get caught out — get in touch with our team and we’ll help you stay on track.

📢 Big IRD changes are here from 1 April 2026

There are a number of updates that will directly impact your payroll, costs, and compliance:

✔️ KiwiSaver minimum contributions increasing to 3.5%
✔️ Minimum wage rising to $23.95/hour
✔️ ACC levy increasing to $1.75 per $100
✔️ New rules for 16–17 year old KiwiSaver contributions
✔️ Tougher IRD enforcement on overdue PAYE & GST

Plus changes to Working for Families, Best Start payments, and new crypto reporting rules.

👉 What does this mean for you?
Higher wage costs, updated systems, and more pressure to stay compliant.

Now is the time to review your payroll, budgets, and processes — before issues arise.

💬 Not sure how this affects your business?
Get in touch with the team at Cross Group — we’ll help you stay ahead and avoid costly surprises.

www.crossgroup.co.nz/blog/26-ird-changes