IRD Tax Debt NZ
Does your NZ IRD tax debt seem mind boggling and continuously getting higher? Don’t understand how IRD apply penalties and interest? We do.
In the business world, we all know how tough it is being self-employed and a small to medium business – whether that’s a sole trader, a trust, a company or a limited partnership. We understand business. We understand the administrative tax laws (your accountant will crunch the numbers to arrive at your assessment – that’s not what we do). We know it’s hard to juggle so many things, like GST, PAYE, making money, managing staff and workloads, keeping clients happy, getting new business, preparing quotes all the while carrying out your core business, whether you are a sparkie, a builder, a hairdresser, restaurateur, or a lawyer. It’s not your business to have to figure out very complex tax laws and accounting principles – that's our business. Let us, as your legal professionals, help you with all that.
We work alongside your accountant if you have one. We will work closely with your accounting team to help get you “back on track”, including filing any overdue tax returns, ring-fencing tax arrears and making applications to Inland Revenue under the tax legislation for relief. With Inland Revenue tax debts, there may be circumstances where debt relief can be negotiated by a written application and in some instances, other issues may come into play, such as your health and your personal circumstances. Furthermore, if serious hardship circumstances exist in your life, the Commissioner may consider a specific application with supporting evidence. Talk to us and we can then assess your specific situation.
Relief can be lump sum payments, instalment arrangements, serious hardship applications, remissions and/or a combination of all/some of this. We are very experienced at dealing with Inland Revenue staff and have a team who have worked at Inland Revenue, been in the tax team of a top tier NZ law firm and are university qualified in the very complex tax legislation area of law.
We will guide you through the minefield of tax legislation and get you back to your core business, or help you to wind down the business and liquidate the company assets. We work with a myriad of other experts already in our network, who are just waiting to help you if you need it, including chartered accountants and experienced liquidators.
So don’t struggle on your own any longer. Call Gina Jansen Lawyers in Hamilton. We know exactly what to do. We are experts in IRD Tax Debt NZ law.