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Latest fromInland Revenue
Sasha Borissenko: Family trusts no longer as attractive as they used to be
OPINION: Last week the trustee tax rate increased from 33% to 39%.
Auckland scaffolding company director sentenced to home detention for $558k tax fraud
The woman was ordered to pay reparations of $13,000, albeit at $50 per week.
Pak’nSave following law by demanding personal details for $1000-plus shopping bills - IRD
The little-known rule has caught multiple people out.
‘Not economic to pursue’: Major debts abandoned in East Imperial liquidation
Liquidators abandoned recovery from two overseas debtors in Europe and the Caribbean.
IRD sets sights on taxing 9000 clubs, societies and other not-for-profits
Tax expert worried about administrative nightmare.
Radio host’s plan to settle tax debts falls through at eleventh hour
Nick Mills and Inland Revenue can't agree on whether they have an agreement.
Govt seeks feedback on taxing charity-owned businesses
IRD consultation document reveals 11,700 charities reported business income in 2024.
‘All offers considered’: Vacant $74m Takapuna plot up for grabs after liquidation
Company in receivership and liquidation owes a Smale family entity $76.2m: report
Man falsely claimed Covid relief money - twice
The Auckland man used the relief money for personal items and gambling.
Radio host given three weeks to settle tax debts to save his restaurants
Nick Mills puts personal assets and businesses up for sale.
Wellington radio host’s hospo businesses face liquidation
Nick Mills' battle with Inland Revenue to go to court.
Apartment developer declares insolvency owing $3.76m
Unexpected cost rises, Covid delays, cooling market blamed for development failure.
Loss of 190 jobs at ProLink, recruiter owes $3.8m
Migrants lose jobs at company linked to woman previously jailed over fake birth documents.
‘Full throttle’ - IRD steps up January liquidations for unpaid tax
Inland Revenue confirmed a busy start to the year with the number of court applications.
Lifestyle Magazine Group has $70,000 deficit, NZ Life & Leisure magazine continues with new owner
Printer Webstar is owed $67,000, trade creditors $28,000; the total owed is $95,000.
BNZ licks wounds after organic grocer’s demise
The liquidators have revealed the organic grocer owes over $1 million to BNZ.
Mum-of-three told to pay $32,500 to IRD in two weeks
Another parent says a mistake happened while registering her child's birth.
Vivace Restaurant has multiple buyers interested
Vivace had been running for 33 years in Auckland's CBD.
Inland Revenue changes interest rates for late payments
Changes are in store for people who overpay or underpay their tax.
Panama Papers wash-up sees IRD net $13.5m
Taxman hauls in millions after international journalists' tax and trust exposés.
National, local companies are creditors of Rotorua housing project
The financier wants $28.2m; unsecured creditors are listed as being owed another $167,000.
Businessman evades more than $1 million in tax to buy Porsche, Bentley
Luxury cars were the largesse of million-dollar tax swindle.
Charity tax crackdown likely to be unveiled at Budget 2025 - Willis
Best Start and Sanitarium could be among the charities forced to pay more tax.
NZ business liquidations double amid cash flow crisis
Insolvencies double from last year, with 72 liquidations in October, mostly in Auckland.
Creditors put dairy farm operation into liquidation – ANZ among those owed nearly $600k
The company had been dairy farming since May 2004.
19 separate identities and $82k stolen: Man jailed for part in Covid relief fraud
The high-trust model was exploited during a time of national crisis.
Company director jailed over $1.6m tax fraud spent money on gambling, takeaways and liquor
Case involved PAYE of about 60 staff employed by business.