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Media releases

17 June 2021

Concerns about unexpected tax bills

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.

21 June 2021
Business asset sales rules tightened

The 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.

16 March 2021
Real estate sector the focus of new Inland Revenue campaign

Inland Revenue is turning its hidden economy focus on to the real estate sector, including both the under reporting of income and the overstating of expenses.

19 December 2020
Small business support expanded

More small businesses will be eligible to take out interest-free loans under changes announced today to a government cashflow scheme.

More Business news
14 April 2021
New gateway services for filing tax returns

Inland Revenue has introduced new and improved gateway services that allow software providers to integrate with our system for certain functions.

01 March 2021
Inland Revenue’s system upgraded ahead of schedule

Inland Revenue’s systems are back online early after completing the latest round of Business Transformation work ahead of schedule.

25 February 2021
IR online services and phone lines closed during this weekend

Inland Revenue’s online services and phone lines will be closed this weekend as the transformation of the tax system continues.

More Transformation news
17 June 2021
Concerns about unexpected tax bills

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.

10 May 2021
Prison for horticultural contracting company director

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.

23 April 2021
Inland Revenue gets the Rainbow Tick

Inland Revenue (IR) has received the Rainbow Tick, recognising IR’s work to make it a safe and welcoming workplace for Rainbow community members.

More Individuals news
20 November 2019
No place to hide overseas income

Inland Revenue says automatic exchange of information with other tax jurisdictions around the world is proving a potent tool in the fight against tax evasion.

08 November 2019
IR updates its compliance focus on Multinationals

Inland Revenue says new measures to ensure large multinationals pay the right tax in New Zealand are working well and should mean an extra $200m in tax collected each year.

04 October 2019
Inland Revenue urges overseas businesses to register for GST

Overseas businesses selling goods valued at a thousand dollars or less to New Zealand consumers are urged to register for GST ahead of a 1 December deadline.

More International Tax news
12 May 2021
Jail sentence handed down for $17 million of GST fraud

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.

01 March 2021
Inland Revenue’s system upgraded ahead of schedule

Inland Revenue’s systems are back online early after completing the latest round of Business Transformation work ahead of schedule.

23 January 2021
Man used forged documents to falsely claim GST refunds

A 25-year-old Auckland man has been sentenced to more than two years in prison for tax fraud involving more than $200,000.

More Prosecutions news
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