Inland Revenue has prepared guidelines which clarify tax rules when employees use their own telecommunications tools and devices for work purposes.
Almost $600 million has been paid into taxpayers’ bank accounts in the past two months, after the first season of automatic tax assessments.
Inland Revenue is warning customers to be on guard against a new and convincing e-mail scam that surfaced over the weekend.
Inland Revenue will gain greater powers to alert savings providers if a KiwiSaver investor is on the wrong tax rate, under new legislation introduced to Parliament.
Reforms to tax rules designed to ensure greater fairness in child support, retail trade, and residential investment have now passed into law.
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 is moving to help make sure investors, including KiwiSavers, get on the correct prescribed investor tax rate (PIR).
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.
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.