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Mother and daughter sentenced for tax evasionA mother and daughter were sentenced to home detention and community work for tax evasion totalling nearly $2 million
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Crypto investors urged to get tax compliantInland Revenue (IR) is reminding investors of crypto-assets that they need to get tax compliant now, so they don’t end up with an expensive surprise down the line.
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COVID and tax fraud results in home detention sentenceA Rotorua man who used COVID-19 relief money to gamble was sentenced to home detention when he appeared for sentence this month.
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Two-step verification helps contain cyber attackTwo-step verification (2SV) has helped contain a concerted, automated effort to access myIR accounts.
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Warning about impersonation scamsInland Revenue is warning people to be wary of social media scams impersonating well known New Zealanders.
Business
Inland Revenue (IR) has outlined how it will be using the $29 million allocated for compliance in this year’s Budget, targeting those people who - due to challenging circumstances or a deliberate decision - have not met their tax obligations.
Individuals
Inland Revenue has collected more than $207 million in repayments since July last year from student loan borrowers living overseas – a 43% increase on the same period the previous year.
Inland Revenue has announced it will stop the use of custom audience lists due to public concern.
Inland Revenue (IR) has outlined how it will be using the $29 million allocated for compliance in this year’s Budget, targeting those people who - due to challenging circumstances or a deliberate decision - have not met their tax obligations.
International Tax
Inland Revenue (IR) is reminding investors of crypto-assets that they need to get tax compliant now, so they don’t end up with an expensive surprise down the line.
Prosecutions
An Auckland project manager was sentenced to community detention for COVID-related fraud.
A Tauranga health and fitness trainer was sentenced to more than three years imprisonment for fraud, including tax fraud.
A now bankrupt former Wellington tax agent was sentenced to home detention when he appeared in court this week on four representative charges related to COVID support offending.