Five reasons you might get a tax bill this financial year
IRD is sending out bills to those taxpayers who have underpaid tax.
AdvertisementAdvertise with NZME.
Latest fromInland Revenue
'Stressed' new parents hit with unanticipated tax bills
Employees on maternity leave appear to be the hardest hit by surprise tax.
Inside Economics: Winners and losers in the interest rate game - and why it matters
OPINION: We need to stop self-pathologising, because NZ's not that special.
$55k back pocket hole: What you could be missing out in KiwiSaver cash
Women, young people and those in default funds are more likely to miss out.
Tax minimisation strategy sees billions shifted ahead of trustee tax hike
Trust-owned companies appear to have flushed out excess retained earnings to save on tax.
Brothers Beer liquidation: Major bank among creditors owed money
The pre-pandemic business was popular and expanded hospitality outlets from one to seven.
Surge in 'unclaimed money' managed by Inland Revenue
Increased amounts of money available are due to changes to the Unclaimed Money Act.
Richard Prebble: 'Dire straits' - the key number to watch in Thursday's Budget
OPINION: The evidence indicates New Zealand has exceeded its peak taxation.
Cocktail of trouble: How food packaging business failed
A big change aimed at boosting profits ended up backfiring.
Alleged wage subsidy fraud trial likely next year
Wage subsidy trial: Tax agency charges could be merged with $977k fraud allegations.
Revenue Minister Simon Watts tackles Big Tech on tax
Changes are afoot. An academic is sceptical about one approach, and favours another.
'Crime against the community': Furniture-maker's $695k tax fraud
Inland Revenue says his actions meant staff missed out on their KiwiSaver contributions.
Times Newspapers in liquidation, owes $962,000
IRD debts put at $475,000, unsecured creditors owed $433,000, staff are owed $51,000.
What’s driving the big jump in KiwiSaver financial hardship withdrawals?
A record $29.2 million in KiwiSaver funds were taken out in March alone.
Facebook NZ revenue flat at $9m as $157m goes to Ireland
Tech giant's local reported revenue remains tiny - and it paid just $1.3m in income tax.
Tax evader mum's reparation will take 161 years to pay off
It'll take a while for cafe mum's reparation order to make up for payroll, GST scam.
Warriors bar's former owner owes more than $170k to Inland Revenue
Five associated companies are also in liquidation, owing the IRD $1.7 million.
The forgotten $477m fortune: Why Kiwis should check IRD's website to see if they can claim
More than 415,000 Kiwis are owed $477 million in unclaimed funds with the IRD.
‘Get worse before it gets better’: Monthly liquidations hit six-year high
The number of businesses in distress is rising.
Business blues bubble to the surface as bad debts rise
An accountant says some businesses should consider whether staying open is viable.
App tax: How bed and breakfast operators are hit by the new rules
Many operators say they are confused about how to meet the complex new rules.
Cafe owner mum-of-six jailed for tax evasion, claiming benefits in $420k con
Cafe operator misappropriated payroll taxes, claimed benefits.
Letters: Twin harbour bridge Auckland's solution; the separate study area debate
OPINION: 'Build a new bridge, right beside the existing one, on the eastern side.'
Political Roundup: Is Chris Hipkins to be trusted on tax reform?
OPINION: Labour's 'Wealth Tax Faction' has pressured Hipkins to act.
Govt boosts early childhood rebate by up to $75 a week, 100,000 families eligible
Up to $75 a week is there for eligible households as National keeps an election promise.
Popular Auckland restaurant, bar and nightclub operation in liquidation, owes $1.3m
The first liquidator's report on two entertainment venues is out.
Home-building construction crunch: Who has failed lately and why
A 12-point list of the many builder failures lately.
IRD scathing of commercial and industrial property tax hike
The change flies in the face of the Government's commitment to improving productivity.
Slow growth won't stop income tax cuts, Nicola Willis says
A return to surplus by 2026-27 remains in question.
Landlord tax break cost rose by $800m to $2.9b
National’s pre-election fiscal and tax plans costed the policy at $2.1b.
Trusts that earn less than $10,000 likely to be exempt from tax hike
The Government is welcoming the committee's proposal to avoid over-taxation of trusts.
Public sector stress: Inside the 'unsettling' efforts to cut costs at govt departments
Just how deep will the cuts go in the race to cut spending?
Diana Clement: Tax and the gig economy
OPINION: Knowing your tax obligations when it comes to side hustles.
'Many failed companies': Builder who owed $350,000 in tax off to prison
Stephen Foley managed to shave several months off the amount of time he'll be behind bars.