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Cracking down on tax dodgers and restoring fairness

Thursday, 17 May, 2018 - 14:11

New initiatives to make the tax system fairer and a crackdown on tax dodgers are expected to provide the Government with an extra $726.3 million of revenue over the next four years, says Revenue Minister Stuart Nash.

Fuel tax gets massive thumbs down in survey

Tuesday, 15 May, 2018 - 13:54

A poll out today shows New Zealanders are overwhelmingly opposed to the Government’s fuel tax aimed at helping pay for safer and more efficient roads, strongly preferring that the money come from existing budgets.

GST rules clarified for non-profit bodies

Tuesday, 15 May, 2018 - 10:18

Revenue Minister Stuart Nash has signalled a law change to clarify GST rules around the sale of assets by non-profit bodies.

"The GST treatment of non-profit organisations differs from other entities," says Mr Nash.

Hnry: Setting the self-employed free from time-consuming taxes

Tuesday, 15 May, 2018 - 09:32

NZ FinTech start up launches service to support compliance for the self-employed A new Kiwi FinTech start up, Hnry, is giving self-employed people the freedom to focus on their business by automating their income tax, GST, ACC and student loan payments.

How much do Northlanders spend on tobacco each year?

Monday, 14 May, 2018 - 16:00

This World Smokefree May Toki Rau Stop Smoking Services Northland want to raise awareness of just how much money Northlanders who smoke are actually spending on tobacco in one year. A conservative estimate is around $147,694,353.00.

Business owners who keep good books sleep easy - IRD

Tuesday, 8 May, 2018 - 10:56

Keeping good business records can lead to a good night’s sleep is the main message in Inland Revenue’s latest campaign targeting the hospitality industry.

Govt surplus above forecast as books remain strong - Robertson

Tuesday, 8 May, 2018 - 10:32

The Government’s accounts continued to perform slightly better-than-expected in the nine months to the end of March, with the surplus $910 million higher than the Treasury forecast in December, Finance Minister Grant Robertson says.

Tax evading Hamilton tradie gets home detention after tip-off

Monday, 7 May, 2018 - 14:39

An anonymous tip-off has led to a Hamilton tradesman being sentenced to nine months’ home detention for not paying nearly $240,000 in tax.

Retailers' relief as uncompetitive GST loophole is to be closed

Tuesday, 1 May, 2018 - 12:00

Bookshops and other small businesses and their communities across New Zealand will have a sense of relief that the loophole allowing offshore retailers an unfair 15% price advantage when selling into New Zealand is to be closed, finally.

Government moves on GST welcomed by Retail NZ

Tuesday, 1 May, 2018 - 12:00

Retail NZ has welcomed today’s announcement by the Minister of Revenue and the Minister of Customs that foreign websites selling into New Zealand will have to register for GST from 1 October next year.