Inland Revenue Department (IRD) stories - Page 2

Inland Revenue halts scam involving fraudulent transactions on bank accounts; working with police and banks to investigate further.

Inland Revenue's new system issued NZD $83.3 million in refunds and NZD $10.4 million in tax bills in its first week, with records for daily logins.

Having shutdown its services for seven days for an IT revamp, IRD is now celebrating its digital transformation success.

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.

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.

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 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.

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.

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