IRD are moving away from cheques… it’s time to start preparing for the changes to come.
Latest Posts
Filtered by Tag: IRD
And here’s a heads up for all you wonderful people in the Construction Industry.
IRD have introduced the new GST MyIR platform, but this comes with a warning!
The Government is modernising the tax administration system. They want to reduce the compliance and administration costs for business payroll systems.
The Government has announced that businesses will need to provide their bank details for GST refunds to be direct credited into from February 2017.
When IRD are invoke an audit on your business, are you prepared to cover the cost?
Do you earn contract income? Are you aware of the proposed changes coming up in 2017 with voluntary withholding tax payments to IRD?
The IRD are focusing on undeclared cash jobs in the construction industry. Are you aware of the outcome of not declaring this income?... It could lead to tax penalties and/or criminal convictions.
As we know with every budget the government adds to the IRD reserves for monitoring tax compliance. One of the initiatives IRD have is the Property Compliance Programme (PCP). This programme is an integral part of the Inland Revenues’ compliance focus.