TechDay New Zealand - Aotearoa's technology news network

Inland Revenue Department (IRD) stories

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Auckland SaaS start-up Afirmo transforming small business operations
Fri, 10th Nov 2023
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saas
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partner programmes
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smb
New Zealand start-up Afirmo is transforming small business operations with its holistic software platform, attracting 3500 customers in its first year.
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Got crypto? Pay tax – A quick look at IR's new crypto-asset guidance
Tue, 8th Sep 2020
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cryptocurrency
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blockchain
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tax
Inland Revenue issues new guidance on taxing crypto-assets in New Zealand, stating that individuals and businesses must pay income tax on their assets.
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How Kiwi FinTech is helping keep NZ’s economy on track
Thu, 6th Aug 2020
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fintechs
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sharesies
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ird
Three Kiwi company founders explain how they are helping the post-COVID-19 economic recovery with a mix of innovation and heart.
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Inland Revenue shuts down to make changes to tax system
Tue, 10th Mar 2020
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digital transformation
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tax
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ird
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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Inland Revenue to stop accepting cheques
Wed, 26th Feb 2020
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westpac
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ird
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kiwibank
The news comes following similar moves by the Accident Compensation Corporation, Kiwibank and New Zealand Post.
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Inland Revenue cracks down on multinationals' tax obligations
Mon, 11th Nov 2019
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tax
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ird
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global economy
New Zealand Inland Revenue tightens regulations on multinationals, aiming to boost annual tax revenue by NZD $200 million through updated anti-BEPS measures.
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Growing enthusiasm for Inland Revenue's new provisional tax option
Wed, 25th Sep 2019
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fintechs
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financial systems
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ird
Inland Revenue's new provisional tax option, AIM, is being well received by small business owners looking for certainty.
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Jail time for woman who failed to pay $740,000 PAYE
Thu, 19th Sep 2019
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hcm
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payroll systems
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ird
Nicola Dargie of Manawatu received a 2.5-year jail sentence and a GBP £11,000 reparation for withholding over GBP £740,000 PAYE; marking her second conviction.
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Inland Revenue & ACC to stop accepting cheques from March 2020
Tue, 10th Sep 2019
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commerce systems
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martech
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payment technologies
Inland Revenue and ACC will cease accepting cheques from March 2020, urging moves to internet banking and other digital payment methods.
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Cryptocurrency conundrum: Reserve Bank & IR fumble in the dark
Mon, 26th Aug 2019
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cryptocurrency
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blockchain
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rbnz
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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MYOB: Kiwi SMEs should use IR's online gateway
Fri, 23rd Aug 2019
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fintechs
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hcm
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financial systems
Kiwi SMEs are urged by MYOB to use Inland Revenue's online gateway for payroll filings to avoid errors, penalties, and streamline compliance.
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IRD warning customers of new email scam over tax refunds
Mon, 22nd Jul 2019
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email security
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cybersecurity
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tax
Inland Revenue warns customers of a convincing email scam offering tax refunds; more than 900 reports received.
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$300m paid out to Kiwis via Inland Revenue's new automatic system
Tue, 25th Jun 2019
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uc
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tax
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ird
More than $300m has been refunded to New Zealand taxpayers through the country's automatic tax assessment process, according to new figures by Inland Revenue.
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Inland Revenue moves to help investors get tax rate right
Thu, 20th Jun 2019
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ird
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investment
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kiwisaver
Inland Revenue is moving to help make sure investors, including KiwiSavers, get on the correct prescribed investor tax rate.
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IRD shuts down fraudulent direct debit scam
Mon, 10th Jun 2019
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email security
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ai
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cybersecurity
Inland Revenue halts scam involving fraudulent transactions on bank accounts; working with police and banks to investigate further.
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IRD issues more than $80 million of refunds in one week
Mon, 27th May 2019
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data analytics
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martech
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planning
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.
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Already more than 2 million logins for IRD’s new tax system
Wed, 8th May 2019
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digital transformation
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ird
Having shutdown its services for seven days for an IT revamp, IRD is now celebrating its digital transformation success.
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IRD completes ‘one of the biggest’ IT projects in state sector
Mon, 6th May 2019
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uc
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digital transformation
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ird
Inland Revenue has completed a significant IT overhaul, transitioning over 19.7 million taxpayer accounts to a new system, enhancing efficiency and fairness.
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Inland Revenue to shut down services later this week
Tue, 16th Apr 2019
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uc
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contact centre
Inland Revenue's tax system will be closed for a week as it implements major changes, including automatic tax refunds and real-time operations.
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'Good on Inland Revenue' for forcing SMBs to adopt tech
Mon, 25th Feb 2019
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ird
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nexgen
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payroll
New Zealand SMBs suffering from 'technology phobia' may benefit from new payday filing requirements, says NexGen Group's director Vinay Iswar.