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Compliance work continues at pace
Increased tax compliance work continues at pace with a noticeable increase in audit activity by Inland Revenue.
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Overseas-based Student Loan borrowers' repayment increases
Inland Revenue has collected more than $207 million in repayments since July last year from student loan borrowers living overseas – a 43% increase on the same period the previous year.
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Fifth anniversary of the SBC loans - time to repay
Today (May 12) marks the fifth anniversary of the Small Business Cashflow (Loan) Scheme, and the point where loans should be paid off.
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IR uncovers $150m undeclared tax
Inland Revenue (IR) has uncovered more than $150 million in undeclared income tax and GST from the property sector.
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Pilot for new tax debt service
Inland Revenue (IR) is trialling a new service to contact and help customers manage debt.
Media releases
Business
More Business news
Inland Revenue (IR) has outlined how it will be using the $29 million allocated for compliance in this year’s Budget, targeting those people who - due to challenging circumstances or a deliberate decision - have not met their tax obligations.
Individuals
More Individuals newsInland Revenue has collected more than $207 million in repayments since July last year from student loan borrowers living overseas – a 43% increase on the same period the previous year.
Inland Revenue has announced it will stop the use of custom audience lists due to public concern.
Inland Revenue (IR) has outlined how it will be using the $29 million allocated for compliance in this year’s Budget, targeting those people who - due to challenging circumstances or a deliberate decision - have not met their tax obligations.
Prosecutions
More Prosecutions news
An Auckland man has been sentenced to just over two years in prison for tax evasion.
An Upper Hutt man was sent to jail for nearly four years when he appeared for sentence on fraud charges committed in what the judge called a time of national crisis.
The director of an asbestos removal and labour hire company has been jailed for three years in what a judge has called serious offending and the worst of its kind to come before the Christchurch District Court in the last 20 years.