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

Inland Revenue recently celebrated the success of a massive IT project in its digital transformation journey.

“There’s never an ideal time to shut down the tax system but we’re confident the changes will make any inconvenience worthwhile.”

"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.

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. 

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.

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 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.

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.

Inland Revenue has issued an urgent warning about a tax scam that has caught many people off guard today.

"Better use of information and analytics is a key objective of our transformation."

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

"Businesses can do it simply and easily, directly through our platform or via their accountant.”