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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).
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Horticulture sector in the spotlight
Inland Revenue (IR) says it is seeing a few concerning practices in the horticulture sector, including people being paid under the table.
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No change to FBT rules for double cab utes
Inland Revenue has moved to clear up a misunderstanding by some commentors about the effect of new Fringe Benefit Tax (FBT) proposals, particularly those for double cab utes.
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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.
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.