Money
IRD referred nearly 74,000 student loans to overseas debt collectors over four years
The Inland Revenue Department made 73,732 referrals of student loans to overseas debt collectors under a relatively new scheme provision.
Thread
Inland Revenue tax compliance crackdown
Who covered this thread
NZ Herald 5 of 12 Newstalk ZB 4 of 12 RNZ 4 of 12 1News 3 of 12 Otago Daily Times 2 of 12 Stuff 2 of 12 interest.co.nz 1 of 12 Newsroom 1 of 12 BusinessDesk 0 of 12 The Spinoff 0 of 12
How many of this threadβs stories each outlet we track filed something on. A zero means no article of theirs reached any story here β an absence, not an accusation.
The story so far
Money
Inland Revenue stops $4m in fraudulent tax refund claims spread on social media
Inland Revenue has halted nearly 3000 fraudulent amended tax returns, including 542 received in one night, after a coordinated scheme spread online.
Politics
IRD continues talks with charities over donation tax credit cap
The Prime Minister says the Inland Revenue Department is still consulting charities about a proposed cap on donation tax credits.
Politics
National MP Greg Fleming criticises Budget’s charitable donation tax change
National MP Greg Fleming broke party ranks to attack a Budget measure capping charitable donations eligible for tax credits.
Money
Hundreds of thousands of Kiwis had tax bills written off due to extra pay
The tax department has automatically wiped tax debts for hundreds of thousands of taxpayers who earned additional paydays.
Business
Gisborne businesses owe $40m in tax as liquidations rise
Gisborne businesses are accumulating more than $40 million in unpaid tax as liquidations increase nationwide, prompting calls for legal reform.
Money
Taxpayers attempt to claim ineligible expenses in tax returns
Tax authorities regularly encounter taxpayers trying to claim inappropriate expenses that do not qualify for deductions.
Money
More than 500,000 Kiwis owe IRD as tax debt hits $9.4 billion
Tax debt has surged to $9.4 billion with over half a million New Zealanders now owing the Inland Revenue.
Money
Inland Revenue issues $16.5m in fines to careless taxpayers as penalties double
The Inland Revenue has handed down $16.5 million in penalties to careless taxpayers, with one taxpayer avoiding $3.8 million in fines through voluntary disclosure.
Money
IRD concerns over cash payments in horticulture sector
The Inland Revenue Department has raised concerns about cash payments being used in the horticulture sector.
Business
Businesses face looming deadline for Inland Revenue tax pooling scheme
Inland Revenue's tax pooling debt scheme is approaching its deadline for businesses behind on income tax.
Money
Inland Revenue cracks down on horticultural sector tax dodging
Inland Revenue is warning it will pursue tax non-compliance in horticulture, citing concerns over cash payments and complex contracting arrangements.