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Inland Revenue - Latest News [Page 2]

Fifth Anniversary Of The SBC Loans - Time To Repay

Monday, 12 May 2025, 3:09 pm | Inland Revenue

Today (May 12) marks the fifth anniversary of the Small Business Cashflow (Loan) Scheme, and the point where loans should be paid off. The loan was made available to business owners from 12 May 2020 to help small to medium businesses affected by ... More >>

IR Uncovers $150m Undeclared Tax

Friday, 9 May 2025, 11:57 am | Inland Revenue

As part of its increased compliance work funded by extra money in last year’s budget, IR has been taking a closer look at the tax affairs of developers, people with rental properties, and those people covered by the Bright-line test. More >>

Pilot For New Tax Debt Service

Thursday, 10 April 2025, 10:44 am | Inland Revenue

All third-party staff who work on Inland Revenue specific work must sign a certificate of confidentiality. The debt always remains with Inland Revenue and Baycorp cannot use the information it receives from us for credit rating purposes. More >>

Final Repayment Date Nears For SBC Loans

Monday, 17 March 2025, 9:31 am | Inland Revenue

IR will notify customers who are behind on their repayment plan and remind them that repayment is needed. We also let them know there are consequences, such as default interest being added to the balance, if the loan remains unpaid. More >>

Former Tax Agent Sentenced On Tax Fraud

Thursday, 13 March 2025, 3:16 pm | Inland Revenue

Georges was a registered tax agent and sole trader from October 2006 until the business stopped in January 2018. Before that he worked for Inland Revenue. What was uncovered was sustained fraud, including filing false personal tax returns and false income ... 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 >>

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 >>

Second-time Tax Offender Jailed

Thursday, 15 February 2024, 1:04 pm | Inland Revenue

A Dunedin company director has been jailed after being convicted for a second time for failure to pay PAYE. Leslie John McKenzie plead guilty to 48 charges of aiding and abetting his three companies to deduct tax from workers’ wages, which were ... More >>

Home Detention For Tax Fraud

Monday, 13 November 2023, 1:26 pm | Inland Revenue

A Christchurch man was sentenced to eight months home detention on tax fraud charges. Jackson Leon Maxwell Tauhinu plead guilty to three charges of dishonestly using a document to obtain a pecuniary advantage and two charges of knowingly using a forged ... More >>

Labour Hire Business Owner Jailed

Monday, 13 November 2023, 1:25 pm | Inland Revenue

An Auckland man has been jailed for five and a half years on tax fraud charges. Surasak Pootinun was sentenced today (1 November 2023) on 69 different tax evasion and forgery charges involving nearly a million dollars. Pootinun ran several labour ... More >>

Former Car Dealer Sentenced On Tax Fraud

Wednesday, 6 September 2023, 11:16 am | Inland Revenue

An Auckland second-hand car dealer has been sentenced to community detention for tax fraud. Vladislav Alexandrovich Levada was sentenced in the Manukau District Court on 4 September to the maximum possible community detention sentence of six months. ... More >>

Prisoner Sentenced On Tax Fraud

Tuesday, 18 July 2023, 10:44 am | Inland Revenue

A man has been sentenced to two years in prison for tax fraud. Phillip John Smith, 47, has been in prison since 1995 on non-tax related charges and was sentenced on 17 July to two years imprisonment on tax fraud charges. Smith was charged with dishonestly ... More >>

Income Tax Assessments Coming Soon – Beware Scammers

Wednesday, 17 May 2023, 2:15 pm | Inland Revenue

Inland Revenue is warning customers to be wary of scammers during the 2023 'tax season'. This year Inland Revenue will send around 3.5 million tax assessments, mainly using customer’s myIR accounts as well as the post. These will be sent out from ... More >>

Jail For Man Who Made False Claims For COVID Relief

Tuesday, 16 May 2023, 2:53 pm | Inland Revenue

An Auckland man who made fraudulent applications for COVID-19 financial relief has been jailed. The Small Business Cashflow Loan (SBCL) scheme was implemented under urgency in May 2020 using a “High Trust” application model so small businesses ... More >>

   

 
 
 
 
 

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