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Inland Revenue Department - Latest News [Page 1]
Former financial adviser sent to prison on tax charges
Tuesday, 26 November 2019, 1:33 pm | Inland Revenue Department
An Auckland man, who a judge says used Inland Revenue as a bank to prop up failing businesses, has been sent to prison for nearly five years. More >>
Baker jailed for persistent and premeditated tax evasion
Monday, 25 November 2019, 5:17 pm | Inland Revenue Department
A Waikato baker has been sent to prison for nearly five years for persistent and premeditated multi-million-dollar tax evasion over six years. More >>
IR updates its compliance focus on Multinationals
Friday, 8 November 2019, 10:20 am | Inland Revenue Department
Inland Revenue says new measures to ensure large multinationals pay the right tax in New Zealand are working well and should mean an extra $200m in tax collected each year. More >>
Hidden economy campaign – IR visits hospitality businesses
Tuesday, 29 October 2019, 12:39 pm | Inland Revenue Department
Inland Revenue compliance staff have searched several Central Otago businesses and made unannounced visits to others, as part of its current hidden economy campaign targeting the hospitality sector. More >>
Hamilton brothers sentenced after major tax evasion case
Thursday, 17 October 2019, 9:37 am | Inland Revenue Department
In the Hamilton District Court this week, Judge Kevin Phillips sentenced 61-year-old truck driver Lindsay Scott to 3 years 6 months in prison. His older brother Roger, a 64-year-old lab technician, was sentenced to 2 years and 6 months imprisonment. More >>
Changes to ring-fencing rental losses rules
Tuesday, 8 October 2019, 2:06 pm | Inland Revenue Department
Inland Revenue is reminding landlords they can no longer offset residential property deductions against their other income. More >>
Tax evasion prison sentence a warning for hospitality sector
Friday, 4 October 2019, 9:38 am | Inland Revenue Department
Recent successful court action against the owners of more than 20 Thai takeaway restaurants should serve as a warning that Inland Revenue will track down and prosecute businesses deliberately hiding cash sales – no matter how long it takes. More >>
Inland Revenue urges overseas businesses to register for GST
Thursday, 3 October 2019, 11:28 am | Inland Revenue Department
Overseas businesses selling goods valued at a thousand dollars or less to New Zealand consumers are urged to register for GST ahead of a 1 December deadline. More >>
Five members of one family sentenced for tax evasion
Wednesday, 2 October 2019, 8:16 pm | Inland Revenue Department
Five members of one family have been sentenced to prison and home detention after a $2.3 million tax evasion case brought by Inland Revenue. More >>
Oamaru embraces AIM
Thursday, 19 September 2019, 10:28 am | Inland Revenue Department
An Oamaru accountant is an enthusiastic advocate of Inland Revenue’s new provisional tax option, the Accounting Income Method (AIM). Adair Craik has more than 50 clients signed up for AIM, which requires small businesses to make provisional tax payments ... More >>
Prison sentence for not 'walking the walk'
Tuesday, 17 September 2019, 11:42 am | Inland Revenue Department
A Manawatu woman has been jailed for keeping her employees PAYE and ignoring her own tax advice. More >>
Inland Revenue and ACC calling ‘time’ on cheques.
Tuesday, 10 September 2019, 10:01 am | Inland Revenue Department
From March next year, IR and ACC will no longer accept payments by cheque from customers who are able to use alternative payment options. More >>
False GST and income tax claims lead to home detention
Tuesday, 27 August 2019, 10:59 am | Inland Revenue Department
A South Auckland woman was sentenced to 11 months home detention and ordered to repay more than $60,000 to Inland Revenue after falsely claiming GST and income tax refunds. More >>
Community detention for tax fraud
Thursday, 22 August 2019, 12:44 pm | Inland Revenue Department
A former New Plymouth company director who used forged documents to try get GST refunds she wasn’t entitled to has been sentenced to community detention for tax fraud. More >>
Inland Revenue prefers education over penalties
Friday, 16 August 2019, 9:58 am | Inland Revenue Department
Inland Revenue (IR) would like businesses not already filing their payroll information every payday, to seek the help they may need before IR calls them. More >>
Warning about a new convincing e-mail scam
Monday, 22 July 2019, 2:05 pm | Inland Revenue Department
Inland Revenue is warning customers to be on guard against a new and convincing e-mail scam that surfaced over the weekend. More >>
False tax refund claims send man to prison
Friday, 19 July 2019, 2:01 pm | Inland Revenue Department
A former commercial diver has been sentenced to 3 years in prison after falsely claiming more than a million dollars in GST refunds. More >>
More than $300 million already refunded to NZ taxpayers
Friday, 21 June 2019, 10:34 am | Inland Revenue Department
The new automatic tax assessment process has reached the halfway mark with Inland Revenue successfully refunding more than $300 million to New Zealanders. More >>
Inland Revenue moves to help investors get tax rate right
Wednesday, 19 June 2019, 11:20 am | Inland Revenue Department
Inland Revenue is moving to help make sure investors, including KiwiSavers, get on the correct prescribed investor tax rate (PIR). More >>
Fraudulent direct debit scam shut down
Friday, 7 June 2019, 12:18 pm | Inland Revenue Department
Inland Revenue has moved quickly to shut down a scam where bank accounts appear to have been misused to generate fraudulent transactions. More >>
