Technology news from the future
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$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."
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.
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."
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.
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.
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.
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.”
"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.
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.
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.
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.
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.
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.
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.
Inland Revenue encourages employers to make switch to payday filing
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 to improve AIM tax method with help from early adopters
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'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.
Think the govt has a big tax refund for you? Think again
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: 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.
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.
IRD myIR site to shut down on Thursday for major system upgrades
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.
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.
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.
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.