Inland Revenue Department - Latest News [Page 3]
Central Otago Man Jailed On Tax Fraud
Monday, 28 August 2023, 11:06 am | Inland Revenue Department
A Central Otago man has been sentenced to 3 years and 1 month in prison on tax evasion charges. Rupert Faimoa-Magele was sentenced in the Alexandra District Court on 23 August on 47 charges of evading or attempting to evade the assessment and or payment ... More >>
Tiler With A Gambling Problem Sentenced On Tax Fraud
Thursday, 10 August 2023, 9:54 am | Inland Revenue Department
An Auckland tiler, with a serious gambling problem, has been sentenced to home detention on tax fraud charges. Jianbao Lin was sentenced in the Manukau District Court on 1 August 2023 to 11 months home detention with 150 hours community work and ordered ... More >>
Jailed For Not Passing On Employees' Tax Deductions
Friday, 26 May 2023, 12:52 pm | Inland Revenue Department
An Auckland company director has been jailed after he stopped paying tax deductions from his workers to Inland Revenue. David John Gower appeared in the Auckland District Court on May 16 and was sentenced to two years and three months behind bars. He was ... More >>
Pillow Talk And Tax Evasion – Wellington Brothel Owner Sentenced
Friday, 12 May 2023, 2:38 pm | Inland Revenue Department
A Wellington brothel owner has been sentenced to 11 months home detention on two representative charges of tax evasion. Zhi Rong Zhou pleaded guilty to the charges in August 2022 and was sentenced in the Wellington District Court on May 12. The ... More >>
Home Detention For Tax Evasion
Monday, 24 April 2023, 10:44 am | Inland Revenue Department
A Bay of Plenty man, who claimed his company was not subject to New Zealand law, has been sentenced to home detention on six tax evasion charges. Stephen George Gibson Clark of Opotiki was sentenced in the Rotorua District Court on 21 April 2023. He ... More >>
Nail Your Tax
Wednesday, 15 March 2023, 10:38 am | Inland Revenue Department
Inland Revenue has launched a campaign to encourage tradies to get their tax back on track. <img src="https://img.scoop.co.nz/stories/images/2303/3c532c717236a2ff0d83.jpeg" width="720" height="450"> The construction industry is ... More >>
Church Leaders Sentenced On Fraud Charges
Thursday, 9 March 2023, 11:39 am | Inland Revenue Department
Five leaders of the Samoan Assembly of God Church in Manukau have been sentenced to community detention and ordered to repay the money they received when they made false donation tax credit (DTC) claims to the tune of nearly $170,000. The Church ... More >>
Former Manhattan Developer Jailed For Tax Fraud In New Zealand
Wednesday, 8 March 2023, 2:29 pm | Inland Revenue Department
A former Manhattan developer has been jailed for tax fraud in relation to $1.5 million in fraudulent GST refunds. Colin David Rath was charged under the Crimes Act with two representative charges of using forged documents and 39 charges of dishonestly ... More >>
Tax Relief For Adverse Events
Thursday, 9 February 2023, 3:13 pm | Inland Revenue Department
Inland Revenue understands people may be unable to file or pay their tax on time because of the recent severe weather events in the north of the North Island. During events like these we can offer additional support and we have several ways to help ... More >>
Sort Student Loan Repayments Before Heading Overseas
Friday, 28 October 2022, 12:31 pm | Inland Revenue Department
With New Zealand’s borders open again it’s no surprise an estimated tens of thousands of young Kiwis are planning a move overseas. For many young people, this is an opportunity to use their newly-earned skills and qualifications on the world ... More >>
Sharing The Secrets Of Successful Business Transformation
Friday, 15 July 2022, 1:25 pm | Inland Revenue Department
Inland Revenue (IR) has launched a website making the detail behind its successfully completed $1.5 billion transformation programme available to other agencies and organisations. The Business Transformation Programme (BT) was officially closed off this month and ... More >>
Sharing The Secrets Of Successful Business Transformation
Friday, 15 July 2022, 12:37 pm | Inland Revenue Department
Inland Revenue (IR) has launched a website making the detail behind its successfully completed $1.5 billion transformation programme available to other agencies and organisations. The Business Transformation Programme (BT) was officially closed off this month and ... More >>
Offshore Tax Transparency Compliance Focus
Thursday, 30 June 2022, 11:41 am | Inland Revenue Department
Inland Revenue has released its compliance focus on offshore tax transparency, together with guidance to assist tax agents in complying with the international rules. The compliance focus highlights the extensive international exchanges of information ... More >>
Update On Hidden Economy Real Estate Campaign
Wednesday, 22 June 2022, 11:39 am | Inland Revenue Department
The Inland Revenue campaign focussing on the real estate sector has resulted in a drop in the amount of private expenses claims being made. IR expanded its hidden economy focus to include the real estate sector last year, concerned at both the ... More >>
Inland Revenue Closed For Final Stage Of Major Upgrade
Wednesday, 20 October 2021, 10:21 am | Inland Revenue Department
The final stage of Inland Revenue’s multi-million-dollar programme to upgrade and simplify the tax system begins tomorrow. Inland Revenue will close at 3pm on Thursday 21 October and reopen on the morning of Thursday, 28 October. During that ... More >>
GST October Filing Deadline To Be Extended
Friday, 1 October 2021, 1:11 pm | Inland Revenue Department
Taxpayers will have an extra week to file and pay GST and income tax currently due on October 28 this year. This is in response to Inland Revenue's systems shutting down for their final Business Transformation release from 3pm Thursday 21 October ... More >>
Inland Revenue reassures people they won’t be penalised for late filing or payments
Wednesday, 25 August 2021, 1:50 pm | Inland Revenue Department
Inland Revenue is reassuring customers they won’t be penalised if they can’t pay their tax on time during the current high Covid alert levels. We know many people are having difficulty getting hold of us at the moment about general tax issues, ... More >>
Business Asset Sales Rules Tightened
Wednesday, 23 June 2021, 2:45 pm | Inland Revenue Department
The rules for how business assets are valued when they are sold as a bundle are being tightened. These updated Purchase Price Allocation (PPA) rules, which come in to force on 1 July, apply to the sale of assets such as commercial property, forestry ... More >>
Inland Revenue Gets The Rainbow Tick
Friday, 23 April 2021, 10:16 am | Inland Revenue Department
Inland Revenue (IR) has received the Rainbow Tick, recognising IR’s work to make it a safe and welcoming workplace for Rainbow community members. In a report approving the award, the Rainbow Tick Programme congratulated IR on having a thriving Rainbow ... More >>
Inland Revenue Warns Against Avoiding 39% Rate
Friday, 12 March 2021, 11:15 am | Inland Revenue Department
Inland Revenue (IR) says the new 39 percent tax rate for those on incomes over $180,000 may see some high-income earners tempted to try and reduce their exposure to the rate. IR Customer Segment Leader, Tony Morris, says IR will be keeping a close watch ... More >>
