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Its official, you can now file your GST returns directly with the IRD through both Xero and MYOB Essentials cloud-based accounting software. E-GST will be available in MYOB AccountRight soon.
So how does this work:
Firstly, you will need to ensure that you have a myIR login with the IRD. If you do not have this set up, head over to the IRD website www.ird.govt.nz and click on the Register link for myIR.
Over the past two weeks Inland Revenue has received reports of a telephone phishing scam from several hundred customers around New Zealand.
The scam calls have been made to landlines and mobile phones, with messages being left on voicemail if the calls haven't been answered.
The callers state that they are from the Inland Revenue Department and the following scenarios have been reported, that the customer:
and they or their lawyer must return the call as soon as possible. Some customers have been told to make a payment via Western Union within 30 minutes, or risk arrest. Read more…
Yesterday the New Zealand Government made the 2016 Budget announcement. Many have commented that this was a very safe budget with not much to discuss. On the whole more funds are being put into core services such as health and education which is of benefit to all New Zealanders.
On the tax front there was very little to say. The pay-as-you-go option for small businesses which we mentioned in our earlier blog was confirmed along with the reduction in use of money interest and penalty charges. However, no tax cuts were announced this year and there was also no mention of introducing a land tax. Read more…
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