2008 media releases
Accountant sentenced for tax evasion
15 December 2008
A Tauranga accountant has been sentenced to ten months home detention on tax evasion charges involving more than half a million dollars.
Kevin Wayne Frazer was sentenced in the Tauranga District Court today after pleading guilty to 68 charges, involving unpaid income tax, GST, PAYE, fringe benefit tax and student loans.
He was also ordered to do 250 hours community work.
Much of the unaccounted money appeared to have been used by Frazer for personal expenditure.
Inland Revenue Manager Assurance, Investigations, Richard Philp, said those working in the tax system are expected to uphold its integrity.
"Accountants have an extensive understanding of the tax system, therefore those who cheat it should expect the consequences.
"New Zealand's tax system is based on voluntary compliance. It relies on the honesty and integrity of the tax professionals working in the system," said Mr Philp.
Frazer registered Total Taxation and Accounting Services in 1993 for GST, PAYE and income tax.
Until mid-2001, Inland Revenue received GST, PAYE and income tax returns from the company as required.
But since then, the company did not file GST or income tax returns, and payment was not made on a number of monthly PAYE returns.
An audit by Inland Revenue found payment had not been made for income tax of $46,330, GST of $384,356, PAYE of $105,965, FBT of $2,468 and student loans of $597.
When interviewed, Frazer admitted he was aware of his tax obligations and responsibilities and undertook to file outstanding returns and to keep up-to-date with his current returns. However, he failed to do so.
Including interest and penalties, Frazer owes Inland Revenue a total of $806,096.
For further information:
Catherine Delore
(04) 890 1743
(029) 890 1743
catherine.delore@ird.govt.nz
Other media releases this year
- Invercargill accountant jailed for tax evasion
- Dairy owner sentenced for hiding half a million
- Tauranga court jails man for tax evasion
- Most Working for Families recipients not charged interest for overpayments
- Former Kaikohe farm manager jailed for tax evasion
- Auckland plasterer jailed for tax evasion
- New callback service rolled out across Call Centre
- Former employee sentenced
- KiwiSaver report released
- Inland Revenue expands e-services
- Do-it-yourself tax refunds
- Employers reminded about new tax rates
- Former Inland Revenue employee pleads guilty to corruption
- Sentencing strong message for contractors
- Accountant jailed for defrauding clients and Inland Revenue
- Inland Revenue pilots callback system to help customers
- Inland Revenue proposes changes to company tax return
- Agricultural contractor sentenced
- Jail for horticultural student
- Tax fraud results in jail term
- Thousands apply for student loan amnesty
- Early Working for Families Tax Credits payments
- Inland Revenue wins People's Choice NetGuide web award for second time
- Waikato couple sentenced for tax evasion
- Inland Revenue warns about income diversion
- Report of investigation of an error in tax revenue numbers
- Tax credits for people made redundant
- R&D tax credit goes live
- Student Loan amnesty - last chance to apply
- Revised financial statements
- Tax advice for investors in failed finance companies
- Tax advice for property investors
- Provisional tax gets easier
- Early Working for Families Tax Credits payments
- IRD numbers about to get longer
- Tax authorities work together to stop international tax evasion
- Inland Revenue helps drought-affected farmers
- IRD numbers available at NZ Post and AA
- Inland Revenue warns against divulging personal details
- Second jail term for major tax scam
- Welcome surprise for owners of forgotten money
- End-of-year tax date fast approaching
- Time running out for student loan amnesty
Corporate Communications
Inland Revenue
For all media enquiries phone: 04 890 1698
For general communications enquiries
Phone: (04) 890 1936
Email: corpcomm@ird.govt.nz
Fax: (04) 498 5809
P O Box 2198
12-22 Hawkestone Street
Wellington
New Zealand
Date published: 15 Dec 2008
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