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Sunday, February 23, 2025

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Inland Revenue

IRD adjusts interest rates amid rising tax debts and economic strain

Inland Revenue has announced changes to interest rates applied to tax overpayments and underpayments, effective January 16. The interest paid to taxpayers who overpay will...

IRD stops sharing taxpayer data with social media platforms amid privacy concerns

The Inland Revenue Department (IRD) has ended its practice of sharing taxpayer data with social media platforms for "targeted advertising", following backlash from over...

Businesswoman jailed for $1.6m tax fraud

Melanie Jill Tatana, director of Asia Pacific Group Limited, has been sentenced to three years in prison for one of the most severe tax...

COVID tax fraud ends in home detention

An Auckland woman who tried to get nearly $60,000 in COVID relief money was sentenced to 11 months home detention when she appeared for...

Kiwis hit by surprise tax bills, parental leave recipients among hardest hit

Many New Zealanders, especially those on parental leave, are facing unexpected tax bills amounting to thousands of dollars due to automated income tax assessments...

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