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IR consults on taxing company loans to shareholders
Inland Revenue (IR) is asking for feedback on proposals to change the way new loans by companies to shareholders are taxed.
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GST fraud results in prison sentence
A Central Otago man was sentenced to prison for GST fraud.
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Man returns from Australia to face home detention sentence
An Auckland company director was sentenced to home detention for aiding and abetting his companies from failing to account for PAYE.
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Ignoring tax debt won't make it go away
Inland Revenue (IR) has started calling customers with relatively small overdue GST and Employer Tax debt to help prevent debt ballooning to unmanageable levels.
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First sentencing for possession of tax evasion tools
An Auckland man has become the first person in New Zealand to be convicted and sentenced for aiding and abetting his company's possession of electronic sales suppression tools (ESST).
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
A former Auckland chartered accountant was sentenced to community detention for fraudulently using the Small Business Cashflow (SBC) loan scheme to get nearly $95,000 in loans.
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.