Latest from Inland Revenue

Super-rich to cough up $77m extra tax
New Zealand's super-rich were found liable for an extra $77 million of tax in the last financial year.

Woman denied paid parental leave
A woman has been told she would not receive paid parental leave as she failed to chase up her lost application.

Top 10 wrongly paid benefits: $2.14m
The ten largest amounts of wrongly acquired benefits totaled more than $2.14m last year - but advocates say most of the $23 billion paid out was genuinely needed.

Higher fees lead to bigger student loans
Students are borrowing more than ever as tertiary fees rise - and those who head overseas after study are likely to take much longer to repay their loan.

$214m in unauthorised public spending
Costs associated with the Christchurch rebuild account for the bulk of $214 million of unauthorised public spending in the past year, according to a new review.

KiwiSaver: Holiday easily set up
One of the features of KiwiSaver is you can take a holiday from contributions.

Foreign trusts in IRD sights
The Inland Revenue Department is taking aim at the use of New Zealand trusts by foreigners to shield their income and assets from tax in their own countries following pressure from its overseas....

John Armstrong: Gibberish rules in briefings for new ministers
Inland Revenue is not everyone's favourite government department. But its officials deserve a pat on the back in at least one respect, writes John Armstrong.

Courier driver ordered to pay IRD $180k
A courier driver who blamed a non-existent tax agent for mishandling his affairs has been ordered to pay $180,000 to Inland Revenue.

IRD catch up with tax dodgers
If the house always wins, then the taxman isn't far behind - at least not during the last year - when IRD won almost 85 per cent of the litigation it was involved in.

Serepisos: No approval for long trip
Bankrupt former property developer and reality TV star Terry Serepisos didn't have approval to be out of New Zealand for as long as he was away, his lawyer says.

Court to decide when bankruptcy ends
A High Court judge will look at Terry Serepisos' financial affairs to decide when the former reality TV star and football club owner is to be released from bankruptcy.

Man jailed over tax credit scam
A Wellsford man who lied about having five children to receive $120,000 in tax credits has been jailed.

Ex-Orcon owner gets bankruptcy reprieve
One of the former owners of internet company Orcon who has debts of $3.57m has avoided bankruptcy and will attempt to appease creditors with a $343,000 deal.

$400m bankruptcy bid stalls
A 79-year-old accountant who owes Inland Revenue more than $400 million has successfully stalled it from trying to bankrupt him.

Many miss out on parental leave
A rise in casual and contract work is stifling the number of people applying for paid parental leave because they don't fit the criteria.

Allied Farmers back in black as livestock unit grows
Allied Farmers, which is rebuilding from a disastrous takeover of the Hanover and United Finance loan books has returned to profit.

IRD tax spat with Vector heads to court
Vector is in a High Court dispute with Inland Revenue about whether a $53m payment the electricity company received is taxable.

Tax debt tops $400m
A 79-year-old accountant being chased for a $367 million tax debt has asked the High Court for orders to prevent Inland Revenue bankrupting him.

Adoptive mum's battle for parental leave
A woman who adopted a child has won the right to paid parental leave, after being told by the Ministry of Business, Innovation and Employment that she wasn't eligible.

IRD warns of new telephone scam
Inland Revenue is warning of telephone scammers who are targeting people for money and threatening deportation and prison if it is not paid.

Cat food fight: 'Smoke & mirrors'
Claims on packets of Whiskas cat biscuits are misleading and create "a smoke and mirrors effect", the lawyer for a competing pet food maker has told the High Court.

Labour targets tax avoiders
Internet giants Apple, Google and Facebook will likely be targeted under plans for a crackdown on tax avoidance by big multinationals which Labour is set to announce today.

Claire Trevett: Oh David - it's come down to a question of trust
Donghua Liu is rapidly starting to rival Kim Dotcom in the wrecking ball stakes, so many heads are in danger from his dealings with politicians, writes Claire Trevett.

Don't bankrupt $367m debtor, IRD told
Inland Revenue should accept a payment deal rather than bankrupt a 79-year-old accountant being chased over a $367 million debt, says an Auckland tax adviser.

Next move in $367 million tax case
A 79-year-old accountant being chased for a $367 million tax debt is now going to court in a bid to stall the IRD from bringing bankruptcy proceedings against him.

IRD wins $367m tax case
Inland Revenue has won a $367 million judgment against a 79-year old accountant for an unpaid tax debt.

Trio accused over ISP firm's failure
A former Forsyth Barr investment adviser who poured $460,000 into a now-collapsed internet provider failed to impose discipline on the company.