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Inland Revenue news stories

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Cryptocurrency
Got crypto? Pay tax – A quick look at IR's new crypto-asset guidance
Inland Revenue's new guidance aims to provide more certainty for New Zealand taxpayers who hold crypto-assets, and to help people ‘get things right from the start’.
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Digital Transformation
Inland Revenue shuts down to make changes to tax system
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.
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Westpac
Inland Revenue to stop accepting cheques
The news comes following similar moves by the Accident Compensation Corporation, Kiwibank and New Zealand Post.
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Inland Revenue
Inland Revenue cracks down on multinationals' tax obligations
“If they don’t play by the new rules, we will know who they are, and they should expect we’ll be in touch."
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Accounting
Growing enthusiasm for Inland Revenue's new provisional tax option
“More businesses are opting to take the guesswork out of provisional tax in favour of the greater certainty that AIM provides."
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Inland Revenue
Jail time for woman who failed to pay $740,000 PAYE
Inland Revenue prosecuted Nicola ‘Nicky’ Dargie for failing to pay PAYE, leading to the liquidation of all of her businesses. It’s not the first time she has been convicted.
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Payment gateways
Inland Revenue & ACC to stop accepting cheques from March 2020
Inland Revenue received more than 430,000 cheque payments in the last financial year, but the amount of cheque payments has been dropping around 20% each year, according to the firm.
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Cryptocurrency
Cryptocurrency conundrum: Reserve Bank & IR fumble in the dark
Whether it's cryptocurrency salaries or a central digital currency, no agency is quite sure how to tackle this upcoming payment trend.
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Payroll
MYOB: Kiwi SMEs should use IR's online gateway
Kiwi small businesses are being encouraged to use Inland Revenue's online gateway to file their payroll information in order to avoid the risk of errors and possible fines. 
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Inland Revenue
IRD warning customers of new email scam over tax refunds
“We’ve received more than 900 reports over the weekend. It looks like the real thing but has some tell-tale mistakes that people can use to tell it’s a scam."
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Inland Revenue
$300m paid out to Kiwis via Inland Revenue's new automatic system
"We want to help avoid paying too much tax throughout the year so we can minimise the annual ritual of waiting to be refunded."
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Inland Revenue
Inland Revenue moves to help investors get tax rate right
Inland Revenue is moving to help make sure investors, including KiwiSavers, get on the correct prescribed investor tax rate.
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Artificial Intelligence
IRD shuts down fraudulent direct debit scam
“We’re working with the police and banks to investigate further and anyone who has been left out of pocket will be reimbursed."
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Machine Learning
IRD issues more than $80 million of refunds in one week
The first two batches of automatic tax assessments have been successfully issued by Inland Revenue.
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Digital Transformation
Already more than 2 million logins for IRD’s new tax system
Having shutdown its services for seven days for an IT revamp, IRD is now celebrating its digital transformation success.
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Digital Transformation
IRD completes ‘one of the biggest’ IT projects in state sector
Inland Revenue recently celebrated the success of a massive IT project in its digital transformation journey.
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Machine Learning
Inland Revenue to shut down services later this week
“There’s never an ideal time to shut down the tax system but we’re confident the changes will make any inconvenience worthwhile.”
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Payroll
"Good on Inland Revenue" for forcing SMBs to adopt tech
"We heard nonsense about it being a stealth tax, a waste of time and a way for the IRD to spy on what goes on within the business," says Vinay Iswar.
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Phishing
IRD warns against phishing as personal tax changes kick in
In the last month, two e-mail scams surfaced asking taxpayers to fill in a form to receive a refund owed to them.
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Inland Revenue
Auckland Uni selects Rimini Street to update payroll systems
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.
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Employment
Payroll software firms prepare for payday filing
Providers have been working closely with Inland Revenue to make sure they can meet their clients’ needs when the changes roll out.
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Phishing
Inland Revenue says watch out for tax refund scams
Inland Revenue is warning New Zealanders to be vigilant about any ‘tax refund’ emails they receive that appear to look genuine.
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Employment
Get ready for the biggest tax changes in a generation
The biggest tax changes in a generation are coming, and they will affect almost every business household and business across the country. 
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Payroll
Inland Revenue seminars to help businesses understand payday filing
To help New Zealand business owners understand the changes coming to how they file employees’ payday information, Inland Revenue is conducting more than 300 seminars around the country.