Latest fromInland Revenue Department

IRD says time running out for Small Business Cashflow loan repayments
About 10,000 loans are in default after the Covid-era scheme was launched.

The Ex-Files: How to protect your $275k inheritance during a relationship split
OPINION: Inheritance and separation — what you need to know.

Former IRD tax agent gets 12 months home detention for tax fraud
He filed false tax returns, pocketing refunds in his own accounts.

Charity tax crackdown: Who’s affected and is it a good idea?
The Government is reviewing tax exemptions for charities and non-profits.

Pak’nSave following law by demanding personal details for $1000-plus shopping bills - IRD
The little-known rule has caught multiple people out.

Radio host’s plan to settle tax debts falls through at eleventh hour
Nick Mills and Inland Revenue can't agree on whether they have an agreement.

More landlords shocked, claiming property managers have kept their rent
Haven Living sent payment receipts for months, but says it has now repaid money owed.

Man falsely claimed Covid relief money - twice
The Auckland man used the relief money for personal items and gambling.

Radio host given three weeks to settle tax debts to save his restaurants
Nick Mills puts personal assets and businesses up for sale.

Inland Revenue changes interest rates for late payments
Changes are in store for people who overpay or underpay their tax.

Panama Papers wash-up sees IRD net $13.5m
Taxman hauls in millions after international journalists' tax and trust exposés.

19 separate identities and $82k stolen: Man jailed for part in Covid relief fraud
The high-trust model was exploited during a time of national crisis.

Apple’s NZ sales slump as taxes still head offshore
The technology giant's sales still top $1 billion, but have declined 6% over the year.

Fraud, theft and luxury cars: Every lawyer struck off in the past five years
When struck off, a lawyer cannot hold a practising certificate or practise law in NZ.

Eye-watering $237m debts run up by failed Du Val, first statutory report reveals
'A number of limitations in respect of these financial records' - PwC on Du Val entities.

Inland Revenue raises capital gains tax questions
The department has been addressing whether the country needs a new form of tax.

IRD looks at how much tax we pay - and whether we need to pay more
IRD is seeking public feedback on the topic of its next long-term insights briefing.

ELE collapse: Deloitte repaying staff $4.1m owed, BNZ gets full amount
Receivers have collected about 85% of the total amount owed by debtors.

Labour's tax policy debate: capital gains tax and wealth tax under discussion
Chris Hipkins confirms Labour debates varied taxes, including capital gains.

Cambodian baker migrants fail to get order to stop BNZ selling Auckland home
BNZ became concerned that it made the loan based on false information presented to it.

How big will your tax cut be and when will it arrive?
New thresholds for income tax come into effect from today.