Thursday, July 7, 2016
Inland Revenue has warned taxpayers to be wary of telephone callers who identify themselves as Inland Revenue Department employees and go on to ask for personal information.
This is a type of scam known as “phishing”.
Wednesday, June 8, 2016
Inland Revenue’s latest changes to New Zealand’s GST rules will certainly impact on Australian businesses who transact with New Zealand customers via the Internet.
The rules come into play from 1 October 2016 and impact on Australian businesses who provide any sort of online service to customers who reside in New Zealand.
Monday, June 6, 2016
The New Zealand government continues to forge closer links with other governments when it comes to the sharing of tax information.
To this end it has announced that New Zealand will assign up to the global Automatic Exchange of Information (AEOI). The agreement comes into effect from the 2018 tax year.
Tuesday, May 31, 2016
Inland Revenue has advised of another change to the Use of Money Interest (UOMI) rates charged on underpayment and overpayment of New Zealand tax.
Despite the comments we hear from many the many business that get hit with UOMI (use of money interest), is not actually a penalty.
Thursday, May 26, 2016
As at 11:10 this morning the average Kiwi worker stopped working for the government and everything they earn for the rest of the year is their’s to keep.
That’s based on a very tongue-in-cheek statistic based on OECD figures that show government expenditure is around 40% of the annual economy but, hey, any excuse for a party!
Thursday, April 14, 2016
We are getting phone calls from a number of British migrants who moved to New Zealand prior to 31 March 2014 and took their British pension funds with them.
Those taxpayers who have decided to try out the warmer shores of Australia and are starting to receive letters from New Zealand’s Inland Revenue Department.
Monday, March 21, 2016
Inland Revenue has released a draft Standard Practice Statement relating to the notification of an upcoming audit or investigation.
So why is this important?
Thursday, March 3, 2016
Inland Revenue has updated the regulations that impact on low-interest loans made by companies to employees and shareholders.
Thursday, February 11, 2016
There is new legislation being enacted in New Zealand that comes into effect in April aimed at reducing the “work” toll in New Zealand workplaces.