IRD audits on the rise

18917885_sYou’d be hard pressed finding someone who enjoys an IRD audit but with the risks some people take you’ve got to wonder! One of the riskiest things we see, is business people thinking they (or someone they love) has the knowledge, skill and experience needed to calculate their GST Returns correctly. Very rarely do we find someone getting it right and some accountants are even taking early retirement because the tax laws are now too complex, even for them.  Continue reading IRD audits on the rise

New way to file GST Returns with the IRD

BoConcept NZ Sticks wall clockOnce upon a time it was easy to file your GST return online but things are a-changin.  The IRD is set to add a little more aggravation to business owners lives by hiding the online GST return form that we’ve all come to love.  Instead there’s a new (and I’d like to say improved) system.  This kicks off on 10 September 2013 so it’s worth getting ready now … unless you actually want to endure several painful hours on IRD’s phonelines the night your return is due.  Continue reading New way to file GST Returns with the IRD