Fairer tax measures pass into law
28 June 2019
Reforms to tax rules designed to ensure greater fairness in child support, retail trade, and residential investment have now passed into law.
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More than $300 million already refunded to New Zealand taxpayers
21 June 2019
The new automatic tax assessment process has reached the halfway mark with Inland Revenue successfully refunding more than $300 million to New Zealanders.
Inland Revenue moves to help investors get tax rate right
19 June 2019
Inland Revenue is moving to help make sure investors, including KiwiSavers, get on the correct prescribed investor tax rate (PIR).
Compliance strengthened for property speculation
18 June 2019
Inland Revenue is to gain greater oversight of land transfer information to ensure those buying and selling properties are complying with tax rules on property speculation.
Provisional tax becomes even simpler for small businesses
18 June 2019
Small businesses from around the country are enjoying a simpler approach to provisional tax – one which sees them only having to pay a bill when they’re making a profit.
Two-month extension for fairer GST regime
18 June 2019
Offshore businesses that supply low-value goods to New Zealand have been granted a two-month extension to get systems in order for a new method to collect GST.
April/May IRD cases in the courts
10 June 2019
Inland Revenue plays a critical role in improving the economic and social wellbeing of New Zealanders.
Fraudulent direct debit scam shut down
07 June 2019
Inland Revenue has moved quickly to shut down a scam where bank accounts appear to have been misused to generate fraudulent transactions.
Ensuring multinationals pay their fair share of tax
04 June 2019
New Zealand is pushing on with efforts to ensure multinational companies pay their fair share of tax, with the release of proposed options for a digital services tax (DST).
Automatic tax system off to a smooth start – more than $80 million of refunds issued in the first week
24 May 2019
The first two batches of automatic tax assessments have been successfully issued by Inland Revenue this week with over $80 million of refunds going out to taxpayers, along with just...