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Tradies get jail time for hiding income and evading nearly $1m in tax

Tuesday, 20 February, 2018 - 13:12

Two tradesmen have been given prison sentences this month for each evading nearly $1 million in tax.

Robertson: Govt accounts continue to track above forecasts

Tuesday, 13 February, 2018 - 10:41

The Financial Statements of the Government for the six months ended 31 December continue the positive trends seen in October and November, Finance Minister Grant Robertson says.

More than 250 seminars nationwide preview latest myIR upgrade

Monday, 12 February, 2018 - 11:35

Tax agents and business people around the country are snapping up opportunities to learn about improvements to Inland Revenue’s online services.

From mid-April, a major upgrade to myIR will be released enabling more advanced services under a new ‘My Business’ tab.

Travel tax reduction welcome but more consultation wanted - TIA

Friday, 2 February, 2018 - 10:35

A planned reduction in the travel tax, known as the Border Clearance Levy, is the right response given the surplus it has raised, the tourism industry says. However, the lack of consultation is concerning.

Govt fails to protect tobacco retailers, punishes poor - ACT

Thursday, 1 February, 2018 - 14:49

"The Government has continued the Nats’ weak approach to protecting tobacco retailers," says ACT Leader David Seymour.

"The Government collects $1.7 billion per year in tobacco tax itself, and $1.9 billion when GST is included. This amount is forecast to grow to $2.2 billion by 2021.

Letter to the editor: Financial divide is growing

Monday, 29 January, 2018 - 11:25

New Zealand ‘a land of milk and honey’ but for some ‘bread and water’ and this financial division is growing. Take for instance our Judges and MP’s, both are paid very good salaries but added to these they have exceptionally good superannuation schemes.

Govt accounts track slightly above forecasts - Robertson

Thursday, 25 January, 2018 - 10:07

The Government’s accounts for the five months to November 2017 show revenue and expenses tracking above the latest Half Year Economic and Fiscal Update (HYEFU) forecasts, Finance Minister Grant Robertson says.

Council of Trade Unions seeking major changes to our tax system

Wednesday, 20 December, 2017 - 17:07

Council of Trade Unions Secretary Sam Huggard said today that the proposed appointment of Council of Trade Unions Economist, Dr Bill Rosenberg, would give working people the confidence to participate in the Government’s Tax Working Group.

If you reckon cash jobs don’t leave a trail, think again - IRD

Wednesday, 20 December, 2017 - 14:21

The main message in the latest marketing campaign to target tax crime in the building sector has raised a few eyebrows.

Inland Revenue has been warning in a series of radio ads and billboards over the past few weeks that "every undeclared cash job leaves a trail".

Government confirms less cash for 1.2m Kiwis - Joyce

Thursday, 14 December, 2017 - 15:41

The Coalition Government’s legislation today to remove the tax threshold changes from Budget 2017 will mean less money for 1.2 million working Kiwis, National Party Finance Spokesperson Steven Joyce says.

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