Inland Revenue has updated its guidance on the tax treatment of cryptoassets in New Zealand.

The time for applications to the Small Business Cashflow Scheme has been extended until the end of the year.

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.

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

Inland Revenue (IR) will turn off its computer systems for seven days from this Thursday to implement the latest round of planned transformation changes.

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.

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.

Inland Revenue (IR) says the new 39 percent tax rate for those on incomes over $180,000 may see some high-income earners tempted to try and reduce their exposure to the rate.

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.

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.

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

A South Auckland husband and wife, who a judge says used a repeat pattern of tax evasion and used their children as puppets in their ongoing businesses, have been sentenced...