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Nail your tax
Inland Revenue has launched a campaign to encourage tradies to get their tax back on track.
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Church leaders sentenced on fraud charges
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.
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Tax relief for adverse events
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.
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Tax evasion software prompts stern warning
Inland Revenue has issued a new Revenue Alert warning of severe consequences for anyone who has or uses Electronic Suppression Software Tools (ESST) to try to evade tax.
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Sharing the secrets of successful business transformation
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.
Media releases
Business
More Business newsThe rules for how business assets are valued, when they are sold as a bundle, is being tightened.
These new Purchase Price Allocation (PPA) rules, which come in to force on 1 July, apply to the sale of assets such as commercial property, forestry land or a business.
Transformation
More Transformation newsInland Revenue (IR) has launched a website making the detail behind its successfully completed $1.5 billion transformation programme available to other agencies and organisations.
Inland Revenue’s secure online service myIR has re-opened, along with its phone lines and some offices, after the final stage of Inland Revenue’s multi-million-dollar programme to upgrade and simplify the tax system.
The final stage of Inland Revenue’s multi-million-dollar programme to upgrade and simplify the tax system begins later this week.
Individuals
More Individuals news
With New Zealand’s borders open again it’s no surprise an estimated tens of thousands of young Kiwis are planning a move overseas.
Over the past few days some people have been concerned about receiving a tax bill they weren’t expecting. We apologise for any instances where our processes have contributed to that concern. The bills are correct based on the information provided to Inland Revenue.
Prison and home detention sentences have been handed down to two men who used horticultural contracting companies to evade over $1.7 million of tax between 2007 and 2017.
International Tax
More International Tax newsInland Revenue has issued a new Revenue Alert warning of severe consequences for anyone who has or uses Electronic Suppression Software Tools (ESST) to try to evade tax.
Inland Revenue has released its compliance focus on offshore tax transparency, together with guidance to assist tax agents in complying with the international rules.
Prosecutions
More Prosecutions newsAn 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.
A former Nelson real estate agent has been sentenced to home detention on tax fraud charges after overstating her expenses and under reporting her income.
A Gisborne man has been sentenced to 8-years 6-months in jail after being found guilty on 39 charges of dishonestly claiming and receiving over $17 million of GST refunds.
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