Revenue Minister Stuart Nash has confirmed Parliament will extend tax relief for Canterbury businesses affected by issues relating to depreciation following the earthquakes.

Customers are likely to be the biggest advocates for the new Accounting Income Method (AIM) as Inland Revenue looks to improve the product for year two.

More than 1,100 customers have opted for more certainty around their provisional tax obligations by signing up for the new Accounting Income Method (AIM).

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.

Inland Revenue (IR) expects that next year, about 750,000 tax refunds will be automatically generated for wage and salary earners who don’t usually apply to get their tax back.

Commissioner of Inland Revenue Naomi Ferguson is calling for a resumption of talks with the union that represents about half the agency’s staff.

Commissioner of Inland Revenue Naomi Ferguson is asking customers to be patient and understanding during industrial action tomorrow by PSA members.

Revenue Minister Stuart Nash says New Zealand’s ability to detect and prevent tax evasion is enhanced by an update to our double tax agreement with Hong Kong which is now...

New measures to ensure multinational companies pay their fair share of tax will come into force next week.

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...

Christchurch restaurateur Jonathon Charles Schwass has been given six months’ home detention for not passing on more than $250,000 of his employees’ tax deductions.

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.