Questions for lawyers Found 20

I missed the deadline for filing my income tax return this year because of personal circumstances, and I am worried about what penalties Inland Revenue might apply. What are the consequences of late filing and can they be reduced?

I run a consulting business in New Zealand and some of my clients are based overseas. I am GST registered for my New Zealand clients, but I am not sure whether I need to add GST to invoices for the overseas work. What is the rule?

I have started doing some freelance graphic design work alongside my regular job, and I am not sure whether I need to declare this income or if it only matters once I earn a certain amount. What are my obligations?

I spent several months working for a company in another country during the tax year but remained a New Zealand tax resident. I paid tax overseas on that income. Do I also have to declare and pay New Zealand tax on it?

I have an outstanding tax debt that I have been unable to pay, and I received a letter mentioning that Inland Revenue can deduct money directly from my wages or bank account. Is this true, and what rights do I have?

My business is going through a difficult period and we are behind on GST and income tax payments. I am worried that Inland Revenue might start legal proceedings or even try to liquidate the company. Is there a way to negotiate before it gets to that stage?

My small company has fallen behind on paying PAYE deductions for my employees, and Inland Revenue has sent letters threatening recovery action. As the sole director, could I be personally liable for the company’s tax debt?

I recently checked my KiwiSaver account and noticed that my employer has not been making the compulsory contributions that should have been deducted from my pay for several months. What are my rights and how do I fix this?

I received a letter from Inland Revenue saying that they are conducting a risk review or audit of my business’s tax affairs for the past few years. I have never been through this before and I am anxious about what it involves.

I run a small business and I am not sure exactly what financial records I am required to keep, or how long I have to keep them for in case Inland Revenue asks questions. What does the law require? I have never dealt with anything like this before and would like to understand my options clearly.