The crashing of the Inland Revenue Department website
yesterday, the deadline for businesses to file GST returns,
was a sign of worse to come, Labour revenue spokesman David
Clark said.
The faith in the integrity of the Inland Revenue Department
may be shaken following the sentencing last week of a former
department employee for, among other things, tax evasion.
The Government has
increased funding to the Inland Revenue Department to target
the cash economy, the economy where people accept cash for
doing jobs but do not report it for tax purposes.
Dunedin tax practitioners
are worried privately about an expected 40 jobs going from
the city's Inland Revenue Department offices, but Revenue
Minister Peter Dunne says no decision has been made.
Serious cash-flow problems for small and medium-sized
businesses through GST refunds being withheld by the IRD for
extended periods have come under scrutiny.
The Government is considering making PAYE a final tax,
removing the need or ability of taxpayers to deal with the
Inland Revenue Department, Deloitte Dunedin tax partner Peter
Truman says.
Here in Otago we only felt a (significant) tremor on
September 4 at 4.38am, but in Canterbury they felt the full
impact of the 7.1-magnitude earthquake, and the damage that
it and the many aftershocks that followed have left behind
has yet to be quantified.