Article may be outdated

This article is 56 days old. Some details may have changed since publication.

rnz.co.nz·3 min read·medium

Inland Revenue calls out horticultural tax dodgers

R
RNZ | Te Reo Irirangi o Aotearoa
Inland Revenue calls out horticultural tax dodgers
✦AI Summary

New Zealand's Inland Revenue department is intensifying its crackdown on tax evasion within the horticultural sector. The agency is targeting practices such as cash payments, false invoicing, and non-compliance with GST and PAYE obligations.

Why it matters

Highlights government efforts to maintain tax system integrity and combat labor exploitation in agricultural industries.

✦Dive DeeperCreate a free account to unlock

Inland Revenue is warning it's cracking down on dodgy practices in the horticultural sector.

The department said it had identified a number of prevalent practices in the horticultural sector that are a threat to the integrity of the tax system, including staff being paid cash, or complex arrangements being used to obscure what was happening.

It has issued a revenue alert about the non-compliance.

These are issued infrequently by the department's commissioner when there are significant or emergency areas of concern.

Inland Revenue says it's stepping up its focus on growers, contractors and subcontractors.

It said it was aware of situations where false invoices were created to obscure the true nature of transactions and this could lead to people and businesses paying less in GST, PAYE and other income tax than they should.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
businesseconomysocial justice
✦

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in