GRA Blogs

Articles by John Rowe

Aggressive IRD tactics

AUTHOR: John Rowe

POSTED: 10 December 2016

The IRD are being particularly aggressive in the tactics they are using at present. They are making phone calls to people personally rather than to their tax agents (accountants), and can be very intimidating.

Some of the methods the IRD have been employing include: asking people complicated tax questions, which can get them into trouble if they answer incorrectly; chasing people for tax returns before they are due; and trying to trick people into taking personal responsibility for company debts.

While all of this can be frightening (and of course that’s what it’s designed to be), don’t be intimidated. You don’t need to answer any of their questions – instead, refer them to us.

So, if you are behind in your tax payments or if the IRD contacts you personally, remember GRA are here to help. Don’t be pushed around by a phone call from an IRD employee – tell them you have an accountant and to contact GRA directly. (And if you don’t have an accountant, contact us and find out how we can help.)

If you have any concerns at all, please let us know by contacting your Client Services Manager, calling the GRA office on (09) 522 7955, emailing info@gra.co.nz, or by filling out our online contact form

Request a Meeting

John Rowe
Director
Business Accounting Services

09 522-7955

jr@gra.co.nz

© Gilligan Rowe & Associates LP

Did you like this article? Subscribe to our newsletter to receive tips, updates and useful information to help you protect your assets and grow your net worth. We're expert accountants providing expert advice to clients in NZ and around the world.

Disclaimer: This article is intended to provide only a summary of the issues associated with the topics covered. It does not purport to be comprehensive nor to provide specific advice. No person should act in reliance on any statement contained within this article without first obtaining specific professional advice. If you require any further information or advice on any matter covered within this article, please contact the author.

Comments

Testimonials

This letter is to express my appreciation for the assistance and encouragement of both Anthony Lipscombe and particularly John Heaslip over the last financial year. The period since activating my trading trust has been one of considerable stress, as well as personal development, as I embarked on this as a relative business neophyte with virtually no awareness of the contemporary requirements of running a business, particularly the financial records aspect. During much of this period I have therefore felt considerable out of my depth. However I have been lucky enough to have had the benefit of the advice and support of John Heaslip in rationalizing what was a fairly chaotic set of records of the first year property trading. I am able to say that John in particular, has been unstinting in his attention to my needs and has done so in a manner which has never alluded to my extremely rudimentary grasp of managing a business, or even of being unable to set out a spread sheet properly. The result of the above guidance is that now, although my trading trust would still not be able to operate without the advice of GRA, I do least feel a sense of satisfaction that I have got to my present point without major disaster and that my property trust does now have some kind of firmer basis for any future activities - Name withheld by request

Would you like to receive . .

. . tips, updates and useful information to help
protect your assets and grow your net worth?

Investing in residential property?

Put this at the top of your reading list.

If you're investing in residential property, seeking to maximise your ability to succeed and minimise risk, then this is a 'must read'.

Matthew Gilligan provides a fresh look at residential property investment from an experienced investor’s viewpoint. Written in easy to understand language and including many case studies, Matthew explains the ins and outs of successful property investment.