24 January 2020
Standout yearling threshold announced
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Tax case sentences in the courts for the end of 2019
06 January 2020
Tax crime happens when people cheat the tax system through deliberate and dishonest behaviour with the aim of obtaining financial benefit.
Tax rules on employer-provided travel
20 December 2019
Inland Revenue has issued an Operational Statement (OS 19/05) to clarify and simplify the tax rules around employer-provided travel to distant workplaces – for example, a person who works in...
Rules around gifting donation tax credits
18 December 2019
In response to a Court of Appeal decision today, Revenue Minister Stuart Nash says he intends to introduce legislation to clarify the law regarding donation tax credits.
Hidden economy campaign – IR visits hospitality businesses
29 October 2019
Inland Revenue compliance staff have searched several Central Otago businesses and made unannounced visits to others, as part of its current hidden economy campaign targeting the hospitality sector.
Business
IR updates its compliance focus on Multinationals
08 November 2019
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.
Hidden economy campaign – IR visits hospitality businesses
29 October 2019
Inland Revenue compliance staff have searched several Central Otago businesses and made unannounced visits to others, as part of its current hidden economy campaign targeting the hospitality sector.
Transformation
Short-process rulings give certainty on tax law
30 September 2019
Inland Revenue is introducing a new way for customers to get certainty on how tax law applies to their situation.
Oamaru embraces AIM
19 September 2019
An Oamaru accountant is an enthusiastic advocate of Inland Revenue’s new provisional tax option, the Accounting Income Method (AIM).
More than two million logins to new tax system
07 May 2019
Customers have logged into the new myIR more than two million times since one of the largest data migrations undertaken by a New Zealand government agency.
Individuals
Hidden economy campaign – IR visits hospitality businesses
29 October 2019
Inland Revenue compliance staff have searched several Central Otago businesses and made unannounced visits to others, as part of its current hidden economy campaign targeting the hospitality sector.
Changes to ring-fencing rental losses rules
08 October 2019
Inland Revenue is reminding landlords they can no longer offset residential property deductions against their other income.
Tax evasion prison sentence a warning for hospitality sector
04 October 2019
Recent successful court action against the owners of more than 20 Thai takeaway restaurants should serve as a warning that Inland Revenue will track down and prosecute businesses deliberately hiding...
International Tax
No place to hide overseas income
19 November 2019
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.
IR updates its compliance focus on Multinationals
08 November 2019
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.
Prosecutions
Tax case sentences in the courts for the end of 2019
06 January 2020
Tax crime happens when people cheat the tax system through deliberate and dishonest behaviour with the aim of obtaining financial benefit.
Former financial adviser sent to prison on tax charges
26 November 2019
An Auckland man, who a judge says used Inland Revenue as a bank to prop up failing businesses, has been sent to prison for nearly five years.
Baker jailed for persistent and premeditated tax evasion
25 November 2019
A Waikato baker has been sent to prison for nearly five years for persistent and premeditated multi-million-dollar tax evasion over six years.