Inland Revenue Department (IRD) Stories - Page 3

Kiwi Stories

Inland Revenue Department (IRD) stories

Taxation

Inland Revenue's AIM tax method signs up 1,000+ early adopters

Inland Revenue says that more than 1,100 businesses have signed up to the new Accounting Income Method (AIM) so far.

By Sara Barker • 3 min read • Wed, 1st Aug 2018

Fintech

Inland Revenue: Moving to accounting software will save you time and money

Inland Revenue gets a few raised eyebrows when it promotes accounting software to SMBs, but are definite transformative benefits for tax obligations.

By Sara Barker • 3 min read • Thu, 21st Jun 2018

Inland Revenue Department

New Zealand rated 'compliant' in OECD tax transparency review

The OECD's Global Forum issued the rating after examining NZ's laws and practices on the exchange of information with other tax authorities.

By Kai Ping Lew • 2 min read • Thu, 26th Apr 2018

Crypto

Cryptocurrency investors reminded of tax obligations

The currency is usually encrypted using Blockchain technology that regulates the generation of new units and verifies fund transfers.

By Julia Gabel • 2 min read • Mon, 9th Apr 2018

Digital Transformation

IRD to spend over $1 billion on a system that makes it easier for Kiwis to pay tax

The programme is expected to cost between $1.5 and $1.69 billion, with most of the costs coming from purchasing goods and services.

By Julia Gabel • 2 min read • Mon, 26th Mar 2018

Unified Communications

This April: IRD makes changes to online portal and provisional tax reporting

The changes include the implementation of the new Pay Day PAYE process, the accounting income method (AIM) for provisional tax, and a revamp of myIR.

By Kai Ping Lew • 3 min read • Fri, 16th Mar 2018

Phishing

Watch out for a RealMe phishing scam in your inbox

The phishing email states that the user has a private message & they need to access their RealMe account. The web link takes users to a fake website.

By Sara Barker • 3 min read • Thu, 8th Mar 2018

Human Capital Management

Seven red flags impacting business growth in 2018

Regardless of the size of the business, whether you do or don't have a handle on these common pitfalls, the market is a dynamic and shifting place.

By Stuart Holder • 5 min read • Wed, 28th Feb 2018

Phishing

120 reports in 12 hours: Kiwis hit by IRD tax refund scam

New Zealanders have been targeted by a convincing IRD tax refund scam, with the agency receiving 120 reports in just 12 hours.

By Sara Barker • 2 min read • Fri, 25th Aug 2017

Human Capital Management

Thankyou Payroll says thanks to investors for reaching crowdfunding targets

Thankyou Payroll raises $459,000 through crowdfunding to meet increasing demand for its services. CEO Christina Bellis grateful for support.

By Ashton Young • 2 min read • Wed, 17th May 2017

Fintech

Xero's eSign functionality goes live

Xero has been working closely with Inland Revenue to make a number of compliance and taxation processes easier.

By Sam Worthington • 2 min read • Wed, 2nd Nov 2016

Fintech

Digital signatures go live - MYOB first to offer new system to Kiwis

MYOB becomes first in New Zealand to offer digital signatures for tax compliance documents, simplifying processes for businesses.

By Sam Worthington • 2 min read • Mon, 17th Oct 2016

Digital Transformation

Inland Revenue commencing digital makeover

Inland Revenue seeks digital change head to meet customer expectations and government priorities on the road to digital transformation.

By Shannon Williams • 2 min read • Tue, 6th Sep 2016

Software Development

IRD seeks feedback on software development expenditure for income tax

The IRD is seeking consultation and feedback on how software development expenditure should be classed for income tax purposes.

By Sara Barker • 2 min read • Tue, 19th Jul 2016

Synnex

Books close on Mecari with 13.86 cents in the dollar payout to creditors

Unsecured creditors of failed POS distributor Mecari, previously known as Pos Pos, have received small payments as the company's liquidation winds up.

By Heather Wright • 2 min read • Mon, 11th Jul 2016

Cloud Services

NZ Govt websites failing to reach readability goals

New Zealand Government websites are struggling to meet readability goals, with half failing to achieve target scores, according to a report by VisibleThread.

By Shannon Williams • 3 min read • Wed, 15th Jun 2016