Latest fromInland Revenue

Banks to pay taxman billions
NZ's big four Australian-owned banks and the IRD have announced a settlement of their disputes over structured finance deals.

Think big to restore trust: taskforce
The Capital Markets Development Taskforce released recommendations with the aim of rekindling Kiwis' faith in the sharemarket.

<i>Brian Fallow</i>: Tinkering won't fix creaking tax system
The tax system has deteriorated beyond the point where tinkering and tweaking are enough, was the message this week.

<i>Alan Scott:</i> A silly time to get too clever with your tax strategy
With the system in flux and the IRD zeroing in on avoidance, this is no time for overly-aggressive tax planning.

Underachievers to fund state sector pay rises
Department bosses told those who don't perform face cuts so those who do well can be rewarded.

<i>Michael Littlewood</i>: $2b question with no easy answer
Tax avoidance has been much in the news recently, because of the banks' cases.

<i>Brian Gaynor</i>: KiwiSaver big and important success
KiwiSaver, which now has 1,189,597 contributing members, is a huge success.

Police unit chasing crime profits will have hit list
The special police unit is being set up to seize criminal assets and will have a hit list to work on, Police Minister Judith Collins revealed today.