Inland Revenue Department (IRD) stories
Inland Revenue has completed a significant IT overhaul, transitioning over 19.7 million taxpayer accounts to a new system, enhancing efficiency and fairness.
Inland Revenue's tax system will be closed for a week as it implements major changes, including automatic tax refunds and real-time operations.
New Zealand SMBs suffering from 'technology phobia' may benefit from new payday filing requirements, says NexGen Group's director Vinay Iswar.
In the last month, two e-mail scams surfaced asking taxpayers to fill in a form to receive a refund owed to them.
The University of Auckland has onboarded Rimini Street to upgrade its HR software in order to comply with this year's changes to payday filing.
Providers have been working closely with Inland Revenue to make sure they can meet their clients' needs when the changes roll out.
Inland Revenue is warning New Zealanders to be vigilant about any 'tax refund' emails they receive that appear to look genuine.
The biggest tax changes in a generation are coming, and they will affect almost every business household and business across the country.
Business and government leaders will hear how blockchain could improve data control, security and efficiency across key sectors at an Auckland conference.
Inland Revenue is hosting over 300 seminars nationwide to help New Zealand businesses transition to payday filing ahead of the 1 April 2019 deadline.
There are fewer than seven months left before all New Zealand employers must shift to payday filing, and Inland Revenue says now is the time to start.
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 says that more than 1,100 businesses have signed up to the new Accounting Income Method (AIM) so far.
Inland Revenue gets a few raised eyebrows when it promotes accounting software to SMBs, but are definite transformative benefits for tax obligations.
The OECD's Global Forum issued the rating after examining NZ's laws and practices on the exchange of information with other tax authorities.
The currency is usually encrypted using Blockchain technology that regulates the generation of new units and verifies fund transfers.
The programme is expected to cost between $1.5 and $1.69 billion, with most of the costs coming from purchasing goods and services.
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.
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.
myIR will be switched off from Thursday afternoon at 3pm until Tuesday, April 17 at 8am so the latest round of changes can be made.