Latest fromInland Revenue
‘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.
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.
Apple’s NZ sales slump as taxes still head offshore
The technology giant's sales still top $1 billion, but have declined 6% over the year.
Waikato man gets home detention for $53K Covid wage subsidy fraud
Jarryd Delroy Hector was found to have falsified GST and income tax returns.
Fraud, theft and luxury cars: Every lawyer struck off in the past five years
When struck off, a lawyer cannot hold a practising certificate or practise law in NZ.
Less power for councils, more for builders: report recommends change
'Current system is suboptimal in terms of its consistency, responsiveness.' - David Kelly
Eye-watering $237m debts run up by failed Du Val, first statutory report reveals
'A number of limitations in respect of these financial records' - PwC on Du Val entities.
Inland Revenue raises capital gains tax questions
The department has been addressing whether the country needs a new form of tax.
$3.6m liabilities: PwC report on Sportcraft boating businesses
Staff, Inland Revenue and many others are listed as being owed money by the two companies.
Family-owned Tauranga motorhome business goes into liquidation owing $400k
The Tauranga-based company sells and repairs recreational vehicles and caravans.
'Privacy breach': The lowdown on Inland Revenue and your data
ANALYSIS: Encrypted details of taxpayers are being given to social media — is it safe?