Revenue Minister Stuart Nash has signalled a law change to clarify GST rules around the sale of assets by non-profit bodies.

Keeping good business records can lead to a good night’s sleep is the main message in Inland Revenue’s latest campaign targeting the hospitality industry.

Recent research carried out by Victoria University and Inland Revenue (IR) underlines the importance of making tax processes easier and simpler, particularly for the self-employed and small business sector, says...

Following the introduction of the new accounting income method (AIM) there are now four options for managing provisional tax, so small businesses can use the one best suited to their...

Inland Revenue’s customer services will be unavailable for just over four days this week as it rolls out the next stage of its programme to transform the tax system.

A team of five practising accountants is working at Inland Revenue to provide crucial advice on the design of its online services.

New initiatives to make the tax system fairer and a crackdown on tax dodgers are expected to provide the Government with an extra $726.3 million of revenue over the next...

The Tax Working Group’s public consultation has drawn to a close with 6,700 submissions received on the future of tax.

The Government is to close a loophole that gives offshore companies an advantage by not requiring them to collect GST on all goods sold to local consumers.

New legislation to improve the fairness of the tax system and prevent large multinationals from exploiting rules in order to shift their profits offshore has passed another step closer to...

New Zealand has received the top rating in an international review of tax transparency and exchange of information standards.

Legislation just introduced to Parliament will prevent multinationals from avoiding tax by shifting profits out of New Zealand, Revenue Minister Stuart Nash said today.

An anonymous tip-off has led to a Hamilton tradesman being sentenced to nine months’ home detention for not paying nearly $240,000 in tax.

A businessman involved in the Canterbury rebuild has been sentenced to three years and four months in jail for not paying $1,517,293 of his employee’s tax deductions to Inland Revenue.

The husband-and-wife owners of several South Auckland logging companies have been given jail and home detention sentences respectively for failing to pass on more than $225,000 in employee tax deductions.