Latest from Inland Revenue Department

Why charity tax reform got kicked to touch
Prospect of rivers of fresh tax revenues shrank, on reflection, to mere trickles.

School lunch provider sentenced over $800k tax evasion
The Southland woman was sentenced to home detention.

It's tax refund season, so how do you know if you're in for a windfall?
The IRD has issued its income tax assessments for the last financial year.

Craft beer firesale: ASB recovers funds, but other creditors face $1.4m loss
Deep Creek liquidators investigate debtor balances amid big shortfall for creditors.

How a $35m funding boost aims to tackle NZ's ballooning tax debt
Compliance funding boost aims to help taxman get on top of $8.5b overdue-tax mountain.

Labour slams 'big tax breaks' for tech giants as Govt ditches digital levy
The tax was forecast to bring in $479m over four years, starting from January 2026.

IRD not 'geared up' to know how many families, if any, received $252 tax promise
Significant lags in data are contributing to the issue.

Businessman faked firms to claim $1.8m Covid subsidies, funding luxury lifestyle
SFO boss Karen Chang described Im’s offending as 'deliberate and wide-reaching'.

Gangs, cash and tradies: Inside New Zealand's $50b black market
NZ's shadow economy costs us $13b in annual tax: how does it compare internationally?

Man used fake passport to swindle nearly $1m in Covid wage subsidy fraud
The case is believed to be the largest scam of its kind.

Wattle Park developer liquidated: Kiwibank owed $3.6m, Inland Revenue $1.09m
Project completed in January 2022 but developer blames Covid and the downturn for debts.

Audrey Young: Why David Parker will be missed
OPINION: David Parker has brought a moderate voice to the table on Treaty issues.

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.

The Body Shop NZ owes $12 million, mall landlords among creditors
$147k was owed to employees, but all were paid during administration.

How to legally reduce your tax bill before year’s end
OPINION: Check if you're on the right tax code, especially with multiple incomes.

'Slow but complete breakdown': $9.8m real estate agency fight; Cooper company wins big award
Case revolved around protracted dispute between parties over branch established at Albany.

Property manager in liquidation: Landlords fear losing more than $70,000
Haven Living had promised to repay landlords but now it's in liquidation.

‘A sigh of relief’: Radio host Nick Mills ends battle with Inland Revenue over debt
Inland Revenue's bid to liquidate Nick Mills' companies 'discontinued'.

IRD says time running out for Small Business Cashflow loan repayments
About 10,000 loans are in default after the Covid-era scheme was launched.

The Ex-Files: How to protect your $275k inheritance during a relationship split
OPINION: Inheritance and separation — what you need to know.