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IRD leniency

The IRD is to be commended for quickly responding to the tragic events in Christchurch and reassuring residents there they will not be faced with penalties if they are unable to keep up with their tax obligations as a result of the earthquake.

This will be welcome by those who would otherwise have had to get their GST returns filed on 28 February or have to work on their tax returns for 31 March 2011.

You can see the Minister of Revenue’s statement here:

Statement by Hon. Peter Dunne

Iain

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