News and Media

New tax law will force banks to provide Inland Revenue with tax data

1st July 2017

A new tax law coming into force today will require banks to provide Inland Revenue with tax information for certain customers.

The new law, aimed at reducing global tax evasion, meant banks and other financial institutions would need to identify accounts held by foreign tax residents. Deloitte Dunedin tax partner Phil Stevenson told the Otago Daily Times for most people, the announcement would be boring, but there were some relevant points. 

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Congratulations Vicky

3rd March 2017

The Auckland team celebrated the 5 year employment anniversary of Office Manager, Vicky Ye. Operations Manager of Australasia, Rex Oakman, presented Vicky with her certificate. 

Congratulations Bahadur

25th August 2016

Congratulations to our New Zealand Operations Manager, Bahadur Kaikobadi, for achieving his 5 year milestone with Accountancy Insurance. Bahadur is pictured below on the right, with Rex Oakman - General Manager of Operations (Australasia).

Inland Revenue looking to claw back tax on nearly 500,000 Kiwis' electricity rebate

10th November 2016

The taxman is eyeing up a big chunk of an annual rebate paid to electricity consumers.

Each year almost half a million customers – a quarter of all power consumers – receive a rebate, effectively meaning they don't have to pay one of their power bills. However, that rebate is under threat with a top secret Inland Revenue memo revealing the department is considering taxing it at 28 per cent.

Click here to read the full article.