

Small business support expanded
18 December 2020
• Eligibility criteria broadened to include new businesses
Govt ready to back business if there’s a COVID resurgence
16 December 2020
The Government is putting in place support for affected businesses in case there is a resurgence of COVID-19.
Auckland accountant jailed for historical tax fraud
25 August 2020
An Auckland accountant has been sent to prison for two years and nine months for tax fraud dating back to the turn of the century.
Fewer people to face end of year tax bills
12 June 2020
The Government is moving to ease financial stress for around 149,000 taxpayers by changing the rules around write-offs for tax debt.
Business
New Inland Revenue guidance on cryptoassets
07 September 2020
Inland Revenue has updated its guidance on the tax treatment of cryptoassets in New Zealand.
Time for Small Business Cashflow Scheme extended
06 July 2020
The time for applications to the Small Business Cashflow Scheme has been extended until the end of the year.
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.
Transformation
IR Easter shutdown for system changes – Covid-19 support will continue
06 April 2020
Inland Revenue (IR) will turn off its computer systems for seven days from this Thursday to implement the latest round of planned transformation changes.
Shutdown dates for 2020
06 March 2020
The revenue system will be closed for a week in April as Inland Revenue introduces a new round of changes to make tax more straightforward.
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.
Individuals
Inland Revenue reminder about the end of cheques
24 February 2020
Inland Revenue is reminding customers it will no longer accept cheques from 1 March.
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.
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
Auckland accountant jailed for historical tax fraud
25 August 2020
An Auckland accountant has been sent to prison for two years and nine months for tax fraud dating back to the turn of the century.
Hamilton accountant jailed for tax fraud
19 August 2020
A Hamilton-based chartered accountant, who fabricated GST and income tax returns to fund a gambling habit and go on holidays, has been sent to prison for three years.
Masala restaurant co-owner jailed for money laundering and tax evasion
28 February 2020
A co-owner of the Masala Restaurant chain has been jailed for hiding millions of dollars in cash sales and laundering large amounts of it.