Inland Revenue Department - Latest News [Page 1]

8 months’ home detention for not declaring income

Friday, 21 April 2017, 9:47 am | Inland Revenue Department

A Silverdale tradesman has been sentenced to eight months’ home detention for not declaring nearly $500,000 in payments for gibstopping jobs over a three-year period. More >>

Restaurant owner gets home detention for tax fraud

Friday, 7 April 2017, 10:22 am | Inland Revenue Department

An award-winning Hutt Valley restaurateur has been sentenced to 10 months’ home detention for pocketing cash sales, money laundering and filing false GST and income tax returns. More >>

Auckland accountant jailed for tax fraud

Wednesday, 1 March 2017, 3:48 pm | Inland Revenue Department

A self-employed Auckland accountant has been sentenced to four years and eight months in prison after receiving nearly $500,000 in tax refunds based on fraudulent claims. More >>

IRD reveals the numbers behind its huge technology transfer

Friday, 10 February 2017, 9:12 am | Inland Revenue Department

More than 17,300 customers have successfully used the new Inland Revenue GST system since it went live on Monday, with over 5,500 GST returns successfully processed and new GST registrations coming through also. More >>

Major improvements to GST to be introduced next week

Wednesday, 1 February 2017, 3:24 pm | Inland Revenue Department

Improvements to how New Zealanders file and manage their GST will be introduced next week as part of Inland Revenue’s multi-million dollar programme to transform the tax system. More >>

Inland Revenue considers updating farmhouse expenses rules

Friday, 14 October 2016, 9:18 am | Inland Revenue Department

Inland Revenue is looking to bring tax accounting practice regarding farmhouse expenses into line with the law. More >>

Inland Revenue ramping up scrutiny of big business taxpayers

Friday, 30 September 2016, 1:04 pm | Inland Revenue Department

Inland Revenue is increasing the number of large companies, including foreign-owned multinationals, that come under close scrutiny to make sure they are paying the right amount of tax. Since 2012, 600 New Zealand and foreign–owned groups have been under ... More >>

Restaurateur gets 3 years’ jail for tax evasion

Friday, 19 August 2016, 10:05 am | Inland Revenue Department

An Auckland restaurateur has been sentenced to three years and two months in jail after evading $787,996 in tax. More >>

Inland Revenue launches Changing For You campaign

Friday, 12 August 2016, 10:27 am | Inland Revenue Department

Inland Revenue has launched an advertising campaign aimed at helping small businesses understand how possible changes to the tax system may affect them, and giving them the opportunity to have their say. More >>

Inland Revenue thrilled with response to eGST trial

Thursday, 28 July 2016, 11:41 am | Inland Revenue Department

Filling in tax returns could soon be a headache of the past for small business owners on the strength of a successful recent pilot. Inland Revenue has been working with two major accounting software providers to trial the filing of GST returns. A survey ... More >>

IT consultant gets two years’ jail for non payment of tax

Tuesday, 26 July 2016, 9:47 am | Inland Revenue Department

An independent contractor from Dunedin has been sentenced to two years and two months in jail after racking up more than $685,000 in debt to the taxpayer. More >>

IRD transformation programme on time and under budget

Friday, 15 July 2016, 11:16 am | Inland Revenue Department

The BusinessDesk story run on nbr.co.nz yesterday on the cost of Inland Revenue’s business transformation project risks giving the impression the programme is running over budget. In fact the project is continuing to track on plan and is currently ... More >>

Contractor gets home detection for not paying income tax

Monday, 11 July 2016, 12:37 pm | Inland Revenue Department

A Wellington contractor has been given six months’ home detention after failing to pay nearly $240,000 in income tax and GST. More >>

Don’t fall for phone scammers alleging tax evasion

Thursday, 16 June 2016, 4:02 pm | Inland Revenue Department

New Zealanders are being warned about a spate of scam phone callers saying they are from Inland Revenue and trying to recover unpaid taxes. Inland Revenue has received notifications of the scam calls from more than 500 customers all over the country, ... More >>

Kerikeri man sentenced to 3½ years’ jail for tax evasion

Monday, 21 December 2015, 1:56 pm | Inland Revenue Department

A former Kerikeri man highly skilled in accounting and information technology who devised a tax evasion scheme involving Maori trusts has been sentenced to three and a half years in jail. More >>

Sales manager sentenced to 3 years jail for tax fraud

Thursday, 3 December 2015, 11:26 am | Inland Revenue Department

An Auckland sales manager who failed to pay tax and dishonestly claimed refunds has been sentenced to 3 years jail. More >>

Taranaki retailers jailed for hiding millions in cash sales

Thursday, 26 November 2015, 10:46 am | Inland Revenue Department

Former New Plymouth retailer Jianbin Wang has been jailed for 3 years 9 months for failing to declare millions in cash takings, while his wife Fenglan Liu received 2 years 3 months in prison. More >>

Company director gets home detention for tax offences

Wednesday, 18 November 2015, 4:13 pm | Inland Revenue Department

A Wellington security company director who evaded paying nearly $1 million in tax has been sentenced to eight months’ home detention. Paul Cornel Coffey was sentenced in Wellington District Court today after being found guilty of 79 tax offences relating ... More >>

Inland Revenue issues Revenue Alert

Friday, 13 November 2015, 9:48 am | Inland Revenue Department

Inland Revenue has issued a Revenue Alert, RA 15/01, advising that some employee share purchase schemes may constitute tax avoidance. Revenue Alerts are issued by the Commissioner of Inland Revenue to provide information and guidance about significant ... More >>

Patrick Renshaw sentenced for tax evasion

Wednesday, 14 October 2015, 11:03 am | Inland Revenue Department

Lower Hutt tax advisor Patrick John Renshaw has been given 10 months’ home detention for tax offences. More >>

 

 

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