Inland Revenue Department - Latest News [Page 14]
Tax on accommodation allowances clarified
Friday, 7 December 2012, 9:50 am | Inland Revenue Department
Inland Revenue has issued a Commissioner’s Statement advising employers that they are required to account for PAYE on payments made towards staff accommodation costs. More >>
Tax Advisors Sentenced In Multi-Million Dollar Evasion Case
Friday, 17 August 2012, 11:58 am | Inland Revenue Department
Inland Revenue has welcomed the prison sentences handed down to two Wellington tax advisors today involved in a multi-million dollar tax fraud. The sentences are the longest ever handed down in a New Zealand tax case. More >>
Christchurch Bar Owner Sentenced for Tax Evasion
Monday, 28 May 2012, 5:22 pm | Inland Revenue Department
A Christchurch bar owner has been sentenced to 300 hours community work for tax evasion. More >>
Inland Revenue Releases Industry Benchmarks
Wednesday, 4 April 2012, 2:32 pm | Inland Revenue Department
Inland Revenue has released its first group of benchmarks for 16 industries, including cafes, restaurants, electrical services, painting and decorating, taverns and bars. More >>
Inland Revenue clarifies Hanover debt-for-equity swaps
Monday, 13 February 2012, 2:30 pm | Inland Revenue Department
Inland Revenue has clarified that some investors are able to deduct losses incurred from selling shares which they acquired as part of the Hanover Finance and United Finance/Allied Farmers debt-for-equity swap in December 2009. More >>
Web designer sentenced to prison for tax evasion
Wednesday, 21 December 2011, 3:26 pm | Inland Revenue Department
A Tauranga based company director has been sentenced to 18 months in prison and ordered to pay approximately $30,000 in reparations for tax evasion. Kalym Cameron Lipsey, aged 29, was earlier found guilty on 22 charges of evading GST relating to ... More >>
IRD issues draft tax avoidance Interpretation Statement
Tuesday, 20 December 2011, 9:44 am | Inland Revenue Department
Under sections BG 1 and GA 1 of the Income Tax Act, if an arrangement is a “tax avoidance arrangement”, the Commissioner has powers to counteract any tax advantage that an individual or an entity has sought to gain under it. More >>
Inland Revenue confirms changes at regional offices
Wednesday, 7 September 2011, 11:22 am | Inland Revenue Department
A proposal to disestablish 191 full-time equivalent (FTE) positions was put to staff in Rotorua, New Plymouth, Napier, Nelson and Invercargill last month. More >>
Inland Revenue issues guidance on tax avoidance arrangements
Thursday, 1 September 2011, 11:43 am | Inland Revenue Department
Inland Revenue has issued a Revenue Alert outlining the circumstances in which diverting personal income into other business structures or entities in order to take advantage of lower tax rates can be considered tax avoidance. More >>
Inland Revenue announces changes to service delivery
Thursday, 16 December 2010, 5:29 pm | Inland Revenue Department
Inland Revenue has confirmed it will maintain offices in all current locations as it changes the way some work is done and further improves services for customers. More >>
Cloud computing and record-keeping obligations
Monday, 13 December 2010, 4:32 pm | Inland Revenue Department
Inland Revenue is aware that "cloud computing" is becoming a popular way for businesses to set up their IT infrastructures. We are concerned that the use of cloud computing may mean businesses are not meeting their record keeping obligations under the Inland ... More >>
Greymouth People and Businesses Encouraged to Seek Help
Monday, 13 December 2010, 12:21 pm | Inland Revenue Department
People and businesses are being encouraged to contact Inland Revenue about any difficulties they may have in meeting their tax obligations as a result of the Pike River mine disaster. Inland Revenue Group Manager, Assistance, Charles Ronaldson, said Inland ... More >>
West Coasters Facing Tax Woes Should Get In Touch With IRD
Friday, 10 December 2010, 7:43 pm | Inland Revenue Department
People and businesses are being encouraged to contact Inland Revenue about any difficulties they may have in meeting their tax obligations as a result of the Pike River mine disaster. More >>
More Tax Statistics Available Online
Wednesday, 8 December 2010, 9:52 am | Inland Revenue Department
Inland Revenue has added information about debt and compliance to its range of statistics updated annually on its website. Last year was the first time Inland Revenue published a range of statistics about tax revenue and social entitlements. In its first year, ... More >>
More tax statistics available online
Wednesday, 8 December 2010, 9:21 am | Inland Revenue Department
Inland Revenue has added information about debt and compliance to its range of statistics updated annually on its website. More >>
Tax offender used new identity to obtain GST refunds
Thursday, 25 November 2010, 9:24 am | Inland Revenue Department
A Hamilton man who used a new identity to create and register three bogus companies as a front to obtain GST refunds has been sentenced to two years and 10 months in jail. Andrew Skipper Kendell was sentenced in the Hamilton District Court today after ... More >>
Tax Offender used New Identity to obtain GST Refunds
Wednesday, 24 November 2010, 4:25 pm | Inland Revenue Department
A Hamilton man who used a new identity to create and register three bogus companies as a front to obtain GST refunds has been sentenced to two years and 10 months in jail. Andrew Skipper Kendell was sentenced in the Hamilton District Court today after ... More >>
IRD wins Govt category in 2010 Open Source Awards
Wednesday, 10 November 2010, 3:45 pm | Inland Revenue Department
Inland Revenue’s innovative online staff learning software won the government section of this year’s computer software Open Source Awards last night. More >>
Repayment holiday ends for overseas borrowers
Wednesday, 29 September 2010, 4:38 pm | Inland Revenue Department
Inland Revenue is reminding over 22,000 overseas-based student loan borrowers who had been on a repayment holiday that they have a payment due this month. More >>
