INLAND REVENUE TAX AUDITS: WHY PROPERTY INVESTORS NEED BETTER RECORDS THAN EVER

Inland Revenue tax audits

Inland Revenue tax auditsĀ are increasing as IRD invests more heavily in compliance activity, data analysis, automated tools, and targeted reviews of property transactions. For New Zealand property investors, landlords, developers, and people caught by the bright-line rules, this means Inland Revenue now has a much stronger ability to detect undeclared income, GST errors, and incorrect…

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