Tax stories - Page 3
COVID-19- 19 leads to sharp rise in independent earning
Thu, 14th May 2020
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hybrid & remote work
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tax
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wfh
Amid the COVID-19 crisis, New Zealand sees a 260% surge in independent earners, as job cuts drive many to freelancing and contracting, reports Hnry.
Inland Revenue shuts down to make changes to tax system
Tue, 10th Mar 2020
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digital transformation
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tax
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ird
The revenue system will be closed for a week in April as Inland Revenue introduces a new round of changes to make tax more straightforward.
Inland Revenue cracks down on multinationals' tax obligations
Mon, 11th Nov 2019
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tax
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ird
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global economy
New Zealand Inland Revenue tightens regulations on multinationals, aiming to boost annual tax revenue by NZD $200 million through updated anti-BEPS measures.
Fintech startup Hnry raises $2.15 million in investment round
Thu, 26th Sep 2019
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fintech
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it automation
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tax
Fintech startup Hnry secures USD $2.15 million in an over-subscribed investment round led by EVP, fuelling technology advancements and international expansion.
Growing enthusiasm for Inland Revenue's new provisional tax option
Wed, 25th Sep 2019
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fintech
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financial systems
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accounting systems
Inland Revenue's new provisional tax option, AIM, is being well received by small business owners looking for certainty.
Jail time for woman who failed to pay $740,000 PAYE
Thu, 19th Sep 2019
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hcm
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tax
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ird
Nicola Dargie of Manawatu received a 2.5-year jail sentence and a GBP £11,000 reparation for withholding over GBP £740,000 PAYE; marking her second conviction.
IRD warning customers of new email scam over tax refunds
Mon, 22nd Jul 2019
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email security
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cybersecurity
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tax
Inland Revenue warns customers of a convincing email scam offering tax refunds; more than 900 reports received.
$300m paid out to Kiwis via Inland Revenue's new automatic system
Tue, 25th Jun 2019
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uc
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tax
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ird
More than $300m has been refunded to New Zealand taxpayers through the country's automatic tax assessment process, according to new figures by Inland Revenue.
SMEs take note: End of financial year creates oppportunity for business growth
Wed, 5th Jun 2019
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printing
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tax
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konica minolta
Small and medium-sized enterprises (SMEs) should use the end of the financial year as an opportunity for business growth, says Konica Minolta.
Bartercard helping Kiwi startups and small businesses thrive
Tue, 9th Apr 2019
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tax
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smb
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bartercard
Here's a breakdown of what Bartercard actually is and how it provides invaluable opportunities for businesses privy of its network.
Time's up, tax dodgers: Multinational tech firms may soon pay their dues
Tue, 19th Feb 2019
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tax
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nz government
New Zealand is reviewing its tax system, targeting multinational tech giants like Apple, Facebook, and Google, to ensure they pay their fair share of taxes.
Payroll software firms prepare for payday filing
Fri, 11th Jan 2019
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hcm
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tax
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ird
Providers have been working closely with Inland Revenue to make sure they can meet their clients’ needs when the changes roll out.
Get ready for the biggest tax changes in a generation
Mon, 5th Nov 2018
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tax
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ird
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employment
The biggest tax changes in a generation are coming, and they will affect almost every business household and business across the country.
NZTech’s Graeme Muller on the R&D tax incentive
Wed, 3rd Oct 2018
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tax
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nztech
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nz government
NZTech’s chief executive describes why he thinks the government’s research and development will work, and the pitfalls it needs to avoid.
Inland Revenue to improve AIM tax method with help from early adopters
Mon, 6th Aug 2018
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tax
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ird
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smb
Inland Revenue’s new Accounting Income Method now has plenty of early adopters and now the focus is on improving the product for year two.
Inland Revenue's AIM tax method signs up 1,000+ early adopters
Wed, 1st Aug 2018
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tax
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ird
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smb
Inland Revenue says that more than 1,100 businesses have signed up to the new Accounting Income Method (AIM) so far.
Tax, tax, and misunderstandings: They could be why many startups fail in just 2 years
Tue, 31st Jul 2018
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data analytics
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planning
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bi
Misunderstanding tax obligations could be a reason many startups fail, says NexGen Group director Vinay Ishwar.
Think the govt has a big tax refund for you? Think again
Sat, 21st Jul 2018
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phishing
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email security
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cybersecurity
Sorry to be the party pooper but it may be time to get your toes in line and cancel that ASOS order you were going to cover with your tax refund.
Inland Revenue: Moving to accounting software will save you time and money
Thu, 21st Jun 2018
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fintech
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financial systems
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accounting systems
Inland Revenue gets a few raised eyebrows when it promotes accounting software to SMBs, but are definite transformative benefits for tax obligations.
Government closes GST loophole for offshore companies
Wed, 2nd May 2018
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government
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tax
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gst
Government closes loophole giving offshore firms an advantage by not requiring them to collect GST on goods sold to local consumers.