Latest from Inland Revenue

Govt seeks feedback on taxing charity-owned businesses

IRD consultation document reveals 11,700 charities reported business income in 2024.

‘All offers considered’: Vacant $74m Takapuna plot up for grabs after liquidation

Company in receivership and liquidation owes a Smale family entity $76.2m: report

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.

Wellington radio host’s hospo businesses face liquidation

Nick Mills' battle with Inland Revenue to go to court.

Apartment developer declares insolvency owing $3.76m

Unexpected cost rises, Covid delays, cooling market blamed for development failure.

Loss of 190 jobs at ProLink, recruiter owes $3.8m

Migrants lose jobs at company linked to woman previously jailed over fake birth documents.

‘Full throttle’ - IRD steps up January liquidations for unpaid tax

Inland Revenue confirmed a busy start to the year with the number of court applications.

Lifestyle Magazine Group has $70,000 deficit, NZ Life & Leisure magazine continues with new owner

Printer Webstar is owed $67,000, trade creditors $28,000; the total owed is $95,000.

NZ business liquidations double amid cash flow crisis

Insolvencies double from last year, with 72 liquidations in October, mostly in Auckland.

Creditors put dairy farm operation into liquidation – ANZ among those owed nearly $600k

The company had been dairy farming since May 2004.

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.

Company director jailed over $1.6m tax fraud spent money on gambling, takeaways and liquor

Case involved PAYE of about 60 staff employed by business.

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.

Waikato man gets home detention for $53K Covid wage subsidy fraud

Jarryd Delroy Hector was found to have falsified GST and income tax returns.

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.

Less power for councils, more for builders: report recommends change

'Current system is suboptimal in terms of its consistency, responsiveness.' - David Kelly

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.