Inland Revenue - Latest News [Page 1]
Air Conditioning Installer Sentenced For Tax Fraud
Monday, 30 September 2024, 12:12 pm | Inland Revenue Department
David Wayne Field was sentenced in the Hutt Valley District Court on September 24 on 15 charges of knowingly filing false and misleading GST returns, not filing income tax and GST returns and failing to apply for registration for GST. More >>
Feilding Man Sentenced On Tax Evasion
Thursday, 19 September 2024, 3:09 pm | Inland Revenue Department
He faced representative charges of aiding or abetting another to take deductions from staff wages but didn’t pass it on to Inland Revenue; and didn’t provide GST returns with the intent to evade the assessment or payment of tax. More >>
Porirua Man Sentenced For Tax Fraud
Monday, 26 August 2024, 7:53 pm | New Zealand Inland Revenue
The Inland Revenue (IR) representative charges were for accessing a computer system with intent to obtain a pecuniary advantage. The lead charge for sentencing was a police charge of burglary. More >>
Inland Revenue Releases Draft Guidance For Online Investment Platform Users
Tuesday, 13 August 2024, 3:36 pm | Inland Revenue Department
It is aimed at investors who use online investment platforms to buy and sell shares, but the principles also apply to other ways of investing in shares, such as using a broker. The draft guidance is out for public consultation until 24 September 2024. More >>
Community Detention For Made Up Tax Returns And COVID Fraud
Friday, 9 August 2024, 4:31 pm | Inland Revenue Department
All of the SBCS applications submitted by Hakaraia were false as none of the companies had any business activity. or had suffered a 30% drop in revenue. More >>
COVID Fraud Sentence For South Auckland Man
Friday, 9 August 2024, 4:29 pm | Inland Revenue Department
Inland Revenue’s investigation confirmed Aki applied for the COVID relief and the income tax refunds using other people and businesses logons and used his personal bank account for the money to be deposited into. More >>
Former HB Hairdresser Sentenced For Tax Fraud
Friday, 9 August 2024, 4:26 pm | Inland Revenue Department
He filed false GST claims and applied for a Small Business Cashflow Scheme (SBCS) loan that he knew he wasn’t entitled to. More >>
Company Director Automatically Banned From Running New Company
Wednesday, 31 July 2024, 9:08 am | Inland Revenue
Lloyd was banned from running a new company under section 382(1)(ba) of the Companies Act 1993. That prohibition lasts for 5 years. More >>
Enhanced Tool To Help With Property Tax Rules
Wednesday, 24 July 2024, 2:04 pm | Inland Revenue
The bright-line test changed on 1 July 2024. If a property is sold on or after 1 July 2024, the bright-line test looks at whether the bright-line end date is within 2 years of the bright-line start date. More >>
Tax Evasion Sends Auckland Couple To Prison
Thursday, 18 July 2024, 5:20 pm | Inland Revenue Department
Judge Andrée Wiltens found that the overall evasion of income tax and GST amounted to about $750,000, with a further $80,000 in unaccounted for PAYE. After some PAYE payments were made, the total loss was about $800,000. More >>
Inland Revenue Funding Used To Support Compliance
Friday, 12 July 2024, 10:20 am | Inland Revenue
Inland Revenue (IR) has outlined how it will be using the $29 million allocated for compliance in this year’s Budget, targeting those people who - due to challenging circumstances or a deliberate decision - have not met their tax obligations. More >>
Northland Man Sentenced On Tax Fraud
Tuesday, 9 July 2024, 12:36 pm | Inland Revenue
William Robert Eskdale pleaded guilty to 28 charges and appeared in the Whangarei District Court where he was sentenced to 4 months community detention with 100 hours community work. More >>
Food Vendor Sentenced On Tax Fraud
Tuesday, 9 July 2024, 12:34 pm | Inland Revenue
In 2019, Jaques was charged with aiding and abetting two companies to file false or misleading GST returns and aiding and abetting two companies which failed to make PAYE deductions when required, and filing false personal tax returns. More >>
COVID Tax Fraud Ends In Home Detention
Tuesday, 9 July 2024, 12:31 pm | Inland Revenue
Samantha Paul applied for Small Business Cashflow scheme loans (SBCS) for three unrelated taxpayers, one for her own company, and one in her own name, when she knew she was not entitled to any of the money. More >>
Inland Revenue: Focus On Cryptoassets
Thursday, 4 July 2024, 12:55 pm | Inland Revenue
Inland Revenue is honing in on customers who are actively dealing in cryptoassets but not declaring income from them in their tax returns. More >>
Start Collecting ECE Invoices
Monday, 1 July 2024, 4:23 pm | Inland Revenue
FamilyBoost is a new childcare payment administered by Inland Revenue to help parents and caregivers with the cost of ECE. More >>
Inland Revenue Focus On Smaller Liquor Stores
Thursday, 20 June 2024, 4:36 pm | New Zealand Inland Revenue
The number of off-licence liquor stores has grown rapidly since 2020 and now sits at about three thousand. More >>
Watch Out For Scammers This 2024 Tax Season
Monday, 17 June 2024, 1:39 pm | Inland Revenue Department
From past experience, we know that when we send out these assessments, scammers know and increase their attempts to rip off Kiwis. So, we’re warning taxpayers to be extra vigilant and watch out for scammers. More >>
Cut Your Excuses And Sort Your Tax
Tuesday, 9 April 2024, 9:41 am | Inland Revenue Department
Inland Revenue’s Richard Philp says if people do the right thing, Inland Revenue will help them. If they don’t, Inland Revenue will find them and start follow-up action. More >>
Auckland Cafe Owner Imprisoned On Tax Evasion Charges
Tuesday, 2 April 2024, 2:15 pm | Inland Revenue Department
Elizabeth Juilian Tangikau was sentenced to two years and three months imprisonment at the Auckland District Court on March 26, 2024. More >>