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 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 introducing a new way for customers to get certainty on how tax law applies to their situation.
An Oamaru accountant is an enthusiastic advocate of Inland Revenue’s new provisional tax option, the Accounting Income Method (AIM).
Inland Revenue is extending its guidance on cryptocurrencies to cover their use in employee share schemes.
The recent court case between Inland Revenue and Mercury NZ Ltd is only the second time New Zealand courts have analysed the modern depreciation regime, introduced in 1993.
Revenue Minister Stuart Nash has announced his intention to introduce a legislative amendment to ensure that payments received by a land owner from the grant of a land right (such...