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Jailed for not passing on employees' tax deductions
An Auckland company director has been jailed after he stopped paying tax deductions from his workers to Inland Revenue.
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Jail for man who made false claims for COVID relief
An Auckland man who made fraudulent applications for COVID-19 financial relief has been jailed.
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Pillow Talk and tax evasion - brothel owner sentenced
A Wellington brothel owner has been sentenced to 11 months home detention on two representative charges of tax evasion.
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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.
Individuals
More Individuals newsInland Revenue is warning customers to be wary of scammers during the 2023 'tax season'.
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.
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 man who made fraudulent applications for COVID-19 financial relief has been jailed.
A Wellington brothel owner has been sentenced to 11 months home detention on two representative charges of tax evasion.