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 Inland Revenue campaign focussing on the real estate sector has resulted in a drop in the amount of private expenses claims being made.
An Auckland labour hire company director has been sentenced to 27 months in prison, with his company, now in liquidation, still owing more than $1.1 million in PAYE, KiwiSaver and student loan deductions.