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Only 3 days until St Doms Henderson have their Car Boot Sale. Come along and support one of your local schools.
Residents living in Auckland's Waitākere Ranges are deliberately breaching track closures in place …
Evan Woodruffe painting demonstration at The Studio, Corban Estate Arts Centre, Henderson, THURSDAY, 31ST OCT 10AM-11.30AM. Contact Diane on 021 232 4438 or wccac@xtra.co.nz if you are keen to have a look!
Inland Revenue is "five years late" to tackle the mammoth issue of the country's estimated billion-dollar "hidden economy", a tax expert says. A Victoria University and IRD study released in April estimated that New Zealand is missing out on about $800m in its annual tax … View moreInland Revenue is "five years late" to tackle the mammoth issue of the country's estimated billion-dollar "hidden economy", a tax expert says. A Victoria University and IRD study released in April estimated that New Zealand is missing out on about $800m in its annual tax take. Chartered Accountants Australia and New Zealand believe this is likely to be in excess of $1b each year. The tax department yesterday announced it had carried out a series of unannounced raids on hospitality businesses in the Queenstown and Central Otago region - new measures in a bid to curb unreported cash sales and staff being paid cash under the table. Using court-issued search warrants, IRD raided three hospitality businesses and made unannounced visits to six others. It seized wage records, computers and other business records, along with information on employer-provided accommodation, working for Families Tax credits and payroll matters. It found that businesses were paying staff in cash without PAYE being deducted, and documents revealed some were making cash deposits into private bank accounts without being returned for GST or income tax. IRD says it would continue to use the strategy to catch operators failing to comply with tax law, but Terry Baucher, founder of Baucher Consulting, says IRD has in recent years took its "eye off the ball" as it became "too focused" on its business transformation programme rather than growing hidden economy. "The business transformation programme should have happened five years ago, at the very latest," Baucher told the Herald. "We don't know the size of the hidden economy and that's the point coming out ... my view is that this sector is bigger than people realise, much bigger. "Inland Revenue is now returning its focus on to this matter. With its new upgraded systems I think it has got better data matching abilities - they are now enhanced, so it can now go about this with a renewed figure." Baucher said New Zealand's GST system enabled it to pick up on under-the-table activity. "Because our GST is so comprehensive, I believe that policymakers, that means Inland Revenue, have been a little complacent about the extent of the cash economy." IRD estimates that approximately $256m worth of income was not reported in 2018 and 2019 - about $108.8m identified in 2019, and $148m in the 2018 year. According to it annual report, for every $1 spent on efforts to crack down on the hidden economy, IRD received about $6 in return revenue last year. "They targeted getting $4.59 [back] so they were 20 per cent above what they were expecting," said Baucher said. IRD research has found that the proportion of people participating in cash jobs was beginning to decline. In 2011, 34 per cent of people said they participated in cash jobs. This is now down to 27 per cent, while just 16 per cent of people said they were now likely to ask for a cash price discount compared with 27 per cent previously. About 49 per cent of people said cash jobs were acceptable, down from 72 per cent from 2011. Baucher said IRD's unannounced visits and raids to its assessed "high-risk businesses" would have a positive impact on tackling New Zealand's hidden economy. He said New Zealand could also follow Sweden by implementing a surcharge or similar for cash payments. Inland Revenue customer segment leader for micro, Richard Philp, said there were 90 tax evasion prosecution cases before the court, and that IRD was making progress on the issue. "The construction industry and the hospitality industry are two industries that typically represent a higher level of cash transactions, and particularly with the hospitality industry, there are small amounts one-by-one but collectively they can build up to be substantial amounts of cash suppressed and not declared annual GST returns," Philp said. The IRD first began focusing on a crackdown on cash payments in the hospitality industry about three years ago. Unannounced visits to businesses, however, are a new strategy the tax department is undertaking to clawback tax owed. "Cash jobs undercut legitimate operators so our goal is not to prosecute everyone but to have enough examples and representation around our enforcement work that helps guide people to do the right thing."
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“Parkable really has been a game-changer for me.” - Jon Kowski
By renting his single parking spot on Parkable, Jon makes an extra $2,500 each year. That means less stress about finances and a better lifestyle.
How much could you earn with Parkable? Find out by clicking through!
If you … View more“Parkable really has been a game-changer for me.” - Jon Kowski
By renting his single parking spot on Parkable, Jon makes an extra $2,500 each year. That means less stress about finances and a better lifestyle.
How much could you earn with Parkable? Find out by clicking through!
If you list your space by the 30th of November 2019, you'll go in the draw to win a $50 gift voucher.
Hello, community.
A big coach with slight visible defect on the pillow is available for free.
Pick up from Blockhouse Bay.
Pm me beforehand 0224366095 Olga
Our new website is now live and ready for visitors. Click below to see it for yourself.
4' X 2' Study table with 5 drawers and 1 intermediate shell. Pick up if any one interested. One can easily accommodate it in a hatchback car. Cheers
Aucklanders, do you want to help your Museum become even better?
We’re seeking feedback from the community on our Draft Annual Plan for 2020/2021. We want to know what’s important to you when it comes to your Museum.
If you can spare a few minutes, please visit the link below to rank our … View moreAucklanders, do you want to help your Museum become even better?
We’re seeking feedback from the community on our Draft Annual Plan for 2020/2021. We want to know what’s important to you when it comes to your Museum.
If you can spare a few minutes, please visit the link below to rank our priorities and have your say. Submissions close 5pm 25 November 2019.
A body has been found in the search for a woman who went missing in the water at a West Auckland bea…
Police are urging members of the public to come forward with information after a woman was assaulted by an unknown man while walking in an Auckland park on Saturday.
The unprovoked attack happened on Manutewhau Track in Moire Park, West Harbour around 6:30 pm.
Please call Police on 105 or … View morePolice are urging members of the public to come forward with information after a woman was assaulted by an unknown man while walking in an Auckland park on Saturday.
The unprovoked attack happened on Manutewhau Track in Moire Park, West Harbour around 6:30 pm.
Please call Police on 105 or 0800 555 111 if you noticed a man in the Moire Park area around this time. He may have been acting suspiciously or wearing muddy clothing.
Get ready for the best Chinese in town.
Asian Wok focuses on using fresh seasonal produce and authentic flavours, featuring signature dishes that include: Peking duck, handcrafted dim sum and loads of other options.
You can also order online now! Have your weekend meals sorted.
130 … View moreGet ready for the best Chinese in town.
Asian Wok focuses on using fresh seasonal produce and authentic flavours, featuring signature dishes that include: Peking duck, handcrafted dim sum and loads of other options.
You can also order online now! Have your weekend meals sorted.
130 Lincoln Rd, Henderson - Auckland.
The search continues for a woman who fell into the sea at Auckland's west coast. Police used a heli…
Hi all,
Just doing a little spring cleaning and haven't used this roof rack in a while so putting up for sale:
Thule Ocean 700 roof box, with key and ropes included ($300 negotiable)
measurements in cm approx : (239 L x 34 H x 66 W)
In great working order, few marks as per pictures but all … View moreHi all,
Just doing a little spring cleaning and haven't used this roof rack in a while so putting up for sale:
Thule Ocean 700 roof box, with key and ropes included ($300 negotiable)
measurements in cm approx : (239 L x 34 H x 66 W)
In great working order, few marks as per pictures but all good!
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