Inland Revenue - Latest News [Page 1]
Prison For Tax Evasion
Monday, 16 December 2024, 10:05 am | Inland Revenue Department
Wai Kheong Kong was involved in architectural work in the Auckland area through his company Landmark 2022 Ltd, previously trading as Arris Architecture Ltd. Landmark was put into liquidation in March 2023. More >>
Full Throttle On Compliance Work
Wednesday, 11 December 2024, 10:03 am | Inland Revenue Department
Tony Morris says IR makes it easy for people to get things right; hard for people to get it wrong; and costly for the few who deliberately try to avoid their tax obligations. More >>
Focus On Overseas Student Loan And Child Support Debt
Friday, 15 November 2024, 9:08 am | Inland Revenue Department
It is part of IR’s work, using the $29 million allocated for compliance in this year’s Budget, to increase debt collection in countries such as Australia and the United Kingdom. More >>
Jailed For COVID Fraud Committed In A Time Of National Crisis
Tuesday, 12 November 2024, 5:21 pm | Inland Revenue Department
McNally was sentenced on 68 charges, 21 of which were Inland Revenue (IR) charges involving Small Business Cashflow scheme (SBCS) fraud. The other charges were Ministry of Social Development (MSD) fraud charges and police charges. More >>
Inland Revenue Stops Using Custom Audience Lists
Tuesday, 5 November 2024, 1:58 pm | Inland Revenue Department
Prior to the review Inland Revenue has always believed that sufficient work was done to ensure the security of customer details within the hashing and custom-list creation process. More >>
Worst Tax Offending Of Its Kind Sends Christchurch Woman To Prison
Friday, 1 November 2024, 12:21 pm | Inland Revenue Department
On 63 occasions between August 2019 and September 2022 APG failed to pay the full amounts of $1,602,864.17. More >>
Anonymous Information Leads To IR Visits
Friday, 1 November 2024, 10:49 am | Inland Revenue Department
The visits are another round in IR’s Hidden Economy suite of work and follows on from the successful liquor store campaign in the past year. More >>
COVID Relief Fraudster Sentenced
Thursday, 24 October 2024, 1:14 pm | Inland Revenue Department
Jarryd Delroy Hector will serve 11 months home detention and do 150 hours community service. More >>
Failure To Declare Income Results In Home Detention
Friday, 18 October 2024, 12:07 pm | Inland Revenue Department
Kahdim Ali was sentenced in the Manukau District Court on October 4 after pleading guilty to 35 charges including evading or attempting to evade the assessment or payment of personal income tax, GST as well as income tax and GST of his company. More >>
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 >>