Changes to the in-work tax credit (IWTC), which removes the requirement for working families to work a minimum number of hours, come in to effect next month.
Inland Revenue is reminding customers it will no longer accept cheques from 1 March.
Inland Revenue has released the price yearlings must be sold for at this year’s Karaka Yearling sales so they can be considered as ‘standouts’ and possibly eligible for tax deductions.
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.
Inland Revenue is reminding landlords they can no longer offset residential property deductions against their other income.
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...
An Oamaru accountant is an enthusiastic advocate of Inland Revenue’s new provisional tax option, the Accounting Income Method (AIM).
Today Inland Revenue kicks off a major public information campaign to tell New Zealanders what the biggest changes to the tax system in a generation will mean for them.
Keeping good business records can lead to a good night’s sleep is the main message in Inland Revenue’s latest campaign targeting the hospitality industry.