Iain Blakeley

Barrister - Tax Expert - Business Adviser - Director, Professional, Practical, Fast, Affordable

Property developers

New rules for property transactions

The Government has acted to require buyers and sellers of property to have IRD numbers. see http://taxpolicy.ird.govt.nz/news/2015-06-23-property-tax-rules-bill-introduced The Taxation (Land Information and Offshore Persons Information) Bill was introduced into...

4 1/2 years in prision for $2.1m GST fraud

An Auckland property developer has been jailed for 4 1/2 years for tax evasion after he claimed GST refunds on property acquisitions over 3 years and then failed to account for GST or income tax on the sales. It was deliberate evasion according to the court. Inland...