Inland Revenue - Latest News [Page 1]
Tax Assessment Period A Prime Time For Scams, Expert Warns
Friday, 6 June 2025, 10:26 am | Inland Revenue Department
Mark Gorrie, Managing Director Norton APAC says,“Our latest Q1 2025 Threat Report points out that breached data and AI tools are giving cybercriminals just enough personal information and design sophistication to easily manipulate people.” More >>
Southland Woman Sentenced On Tax Charges
Thursday, 5 June 2025, 1:46 pm | Inland Revenue
No PAYE returns were filed until 2020 when returns for seven PAYE periods were returned all at once with $82,894.86 (excluding penalties and interest) immediately due and payable. More >>
Extra Funding To Support More Compliance Work
Wednesday, 4 June 2025, 4:32 pm | Inland Revenue
“Along with the $29 million per year that was allocated in Budget 24, this is a significant funding boost and is recognition of what we do and the excellent results we’ve had so far this year,”the Commissioner of Inland Revenue, Peter Mersi, ... More >>
Overseas-Based Student Loan Borrowers' Repayment Increases
Tuesday, 13 May 2025, 3:32 pm | Inland Revenue
At the end of April this year there were 113,733 people with student loans who Inland Revenue believes were based overseas. For around 24,000 OBB the debt is more than 15 years old. More >>
Fifth Anniversary Of The SBC Loans - Time To Repay
Monday, 12 May 2025, 3:09 pm | Inland Revenue
Today (May 12) marks the fifth anniversary of the Small Business Cashflow (Loan) Scheme, and the point where loans should be paid off. The loan was made available to business owners from 12 May 2020 to help small to medium businesses affected by ... More >>
IR Uncovers $150m Undeclared Tax
Friday, 9 May 2025, 11:57 am | Inland Revenue
As part of its increased compliance work funded by extra money in last year’s budget, IR has been taking a closer look at the tax affairs of developers, people with rental properties, and those people covered by the Bright-line test. More >>
Pilot For New Tax Debt Service
Thursday, 10 April 2025, 10:44 am | Inland Revenue
All third-party staff who work on Inland Revenue specific work must sign a certificate of confidentiality. The debt always remains with Inland Revenue and Baycorp cannot use the information it receives from us for credit rating purposes. More >>
Compliance Work Continues At Pace
Monday, 7 April 2025, 10:21 am | Inland Revenue Department
From September to December last year, 164 companies were liquidated by the courts on application by Inland Revenue – an increase of 84% over the same period in 2023. Inland Revenue wrote off $83.9m related to completed liquidations. More >>
Home Detention For Tax Offences
Friday, 4 April 2025, 9:05 am | Inland Revenue Department
Victoria Sabrina Kalapa was sentenced in the Auckland District Court on 2 April. She was charged with aiding or abetting a company she controlled to make PAYE deductions which it didn’t pay to Inland Revenue (IR). More >>
Final Repayment Date Nears For SBC Loans
Monday, 17 March 2025, 9:31 am | Inland Revenue
IR will notify customers who are behind on their repayment plan and remind them that repayment is needed. We also let them know there are consequences, such as default interest being added to the balance, if the loan remains unpaid. More >>
Former Tax Agent Sentenced On Tax Fraud
Thursday, 13 March 2025, 3:16 pm | Inland Revenue
Georges was a registered tax agent and sole trader from October 2006 until the business stopped in January 2018. Before that he worked for Inland Revenue. What was uncovered was sustained fraud, including filing false personal tax returns and false income ... More >>
Improving myIR Security Campaign Continues
Thursday, 6 March 2025, 10:10 am | Inland Revenue Department
Inland Revenue started calling customers about two-step verification (2SV) near the end of January. As at the end of February, calls were made to nearly 47,000 people and almost 10,000 people had set up 2SV as a result. More >>
Community Detention For Tax Fraud
Monday, 17 February 2025, 3:25 pm | Inland Revenue Department
There were a number of criteria to be eligible for the loan, including that the business must be viable and ongoing, and the loan must be used for the business and not given to the shareholders or owners for personal use. More >>
Prison For Tax Evasion
Monday, 16 December 2024, 10:05 am | Inland Revenue Department
Wai Kheong Kong was involved in architectural work in the Auckland area through his company Landmark 2022 Ltd, previously trading as Arris Architecture Ltd. Landmark was put into liquidation in March 2023. More >>
Full Throttle On Compliance Work
Wednesday, 11 December 2024, 10:03 am | Inland Revenue Department
Tony Morris says IR makes it easy for people to get things right; hard for people to get it wrong; and costly for the few who deliberately try to avoid their tax obligations. More >>
Focus On Overseas Student Loan And Child Support Debt
Friday, 15 November 2024, 9:08 am | Inland Revenue Department
It is part of IR’s work, using the $29 million allocated for compliance in this year’s Budget, to increase debt collection in countries such as Australia and the United Kingdom. More >>
Jailed For COVID Fraud Committed In A Time Of National Crisis
Tuesday, 12 November 2024, 5:21 pm | Inland Revenue Department
McNally was sentenced on 68 charges, 21 of which were Inland Revenue (IR) charges involving Small Business Cashflow scheme (SBCS) fraud. The other charges were Ministry of Social Development (MSD) fraud charges and police charges. More >>
Inland Revenue Stops Using Custom Audience Lists
Tuesday, 5 November 2024, 1:58 pm | Inland Revenue Department
Prior to the review Inland Revenue has always believed that sufficient work was done to ensure the security of customer details within the hashing and custom-list creation process. More >>
Worst Tax Offending Of Its Kind Sends Christchurch Woman To Prison
Friday, 1 November 2024, 12:21 pm | Inland Revenue Department
On 63 occasions between August 2019 and September 2022 APG failed to pay the full amounts of $1,602,864.17. More >>
Anonymous Information Leads To IR Visits
Friday, 1 November 2024, 10:49 am | Inland Revenue Department
The visits are another round in IR’s Hidden Economy suite of work and follows on from the successful liquor store campaign in the past year. More >>