Advisory Accountants

03/06/2026

Changes to Donation Tax Credit

The proposed change would introduce a maximum entitlement of donations eligible for a donation tax credit to the lower of $100,000 or the donor’s taxable income. The current tax credit rate of 33⅓% is being retained. This results in a maximum annual credit of $33,333.33. This change would apply to donations made on or after 1 April 2027.

17/05/2026

Client Testimonial

I cannot thank Tax Debt Management enough for the incredible support and outcome they achieved for me. I was drowning in IRD debt of nearly $100,000, and the stress was getting worse every day. I truly felt like I was going to lose my business. Thanks to their expertise, professionalism, and determination, they successfully got my IRD debt completely written off. I would also like to sincerely thank Imran from Advisory Accountants and Saaleha from Tax Debt Management for their guidance and support throughout the process. They gave me a fresh start and confidence to move forward again

Mo-Electrician-Auckland

22/04/2026

Testimonial
Sean - Civil Construction

I was on the brink of losing everything.
IRD pressure had escalated to the point where liquidation proceedings were issued, a real and immediate threat. I had significant tax arrears, returns outstanding, and under extreme pressure. The situation had gone beyond what I could manage on my own.
Engaging Tax Debt Management was the turning point.
From the outset, Imran and his team took control immediately. They got all outstanding returns up to date, helped me understand the true position, and dealt directly with Inland Revenue on my behalf, which took a huge amount of pressure off.
What stood out was their ability to step into a crisis and bring structure to it. Their approach was both practical and strategic. They didn’t just focus on the debt, they worked through the business fundamentals, cashflow, and future viability.
The submission they prepared was detailed, credible, and clearly positioned to achieve the best possible outcome. It shifted the situation from enforcement to a structured recovery.
Without their involvement, I have no doubt my company would have been liquidated. As a result, we were able to put forward a structured proposal, secure tax relief, avoid immediate liquidation, and create a clear pathway forward.
What stood out was their experience, ability to take control in high-pressure situations, and their direct communication. If you are under serious pressure from IRD and don’t act early, you risk losing control completely.
I would strongly recommend Tax Debt Management to any business facing serious tax issues.

02/04/2026

IRD Clamping Down on PAYE Default

Inland Revenue has issued Revenue Alert RA 26/01 (16 March 2026) highlighting that failure to remit PAYE deductions is a serious offence. Employers are required to pass on PAYE and related deductions (e.g. KiwiSaver, student loan repayments) by the due date. Failure to do so particularly where funds are knowingly used for other purposes may result in criminal prosecution.

The Alert reinforces that this is not merely a tax debt issue, but one of conduct. Persistent non-payment or using PAYE funds to finance business operations may lead Inland Revenue to treat the matter as enforcement rather than compliance, including prosecution of directors and those involved.

Penalties for breaches include fines of up to $50,000 and/or imprisonment for up to five years. Inland Revenue has made it clear that repeated or deliberate non-remittance will be actively pursued.

The key message is that early engagement is critical. Businesses must stop further non-compliance, ensure current obligations are met, and proactively engage with Inland Revenue with realistic repayment proposals. Delays or avoidance significantly increase the risk of escalation to enforcement action, including liquidation or prosecution.

18/03/2026

Minimum wages increase from 1 April 2026

The adult minimum wage will go up from $23.50 to $23.95 per hour

The starting-out and training minimum wage will go up from $18.80 to $19.16 per hour

All rates are before tax and any lawful deductions, for example,
PAYE tax, student loan repayment, child support.

17/03/2026

Cliengt Testimonial

"I am very happy with the submission, especially the way you have highlighted IRD's obligation to come to the table to renegotiate. I wish I had known about your services from the very beginning.”

Feedback like this is exactly why we do what we do.

Dealing with Inland Revenue can feel overwhelming — but when the situation is properly presented, there is often room to negotiate and reach a practical outcome.

The key is getting it right from the start.I

16/03/2026

https://www.rnz.co.nz/news/business/589720/ird-issues-warning-over-employers-failing-to-pass-on-tax-deductions?fbclid=IwY2xjawQkTxpleHRuA2FlbQIxMQBzcnRjBmFwcF9pZBAyMjIwMzkxNzg4MjAwODkyAAEeog8PhmQVEHDpuX_tpOHT7XQRjEnNQrXg2R2rTB1ft0ysCExzin_MjqqsOzg_aem_9WLRaFFY1isMkSGpbiTHcw

The department has issued a "revenue alert" over the failure of some employers to pass on PAYE deductions.

02/03/2026

https://www.interest.co.nz/business/137441/inland-revenue-behind-most-company-liquidations-and-switching-between-big-4-banks

Inland Revenue behind most company liquidations, and switching between big 4 banks a key mortgage market driver, Centrix says

11/02/2026

IRD crackdown on unpaid tax debt plunges more businesses into liquidation

As New Zealand liquidations hit their highest levels since 2010, tax specialists say the days of Inland Revenue’s ‘softly softly’ approach are over.

27/01/2026

KiwiSaver changes

The Government has introduced several KiwiSaver changes which come into effect on 1 July 2025, 1 April 2026 and 1 April 2028.

1 July 2025 changes
Government KiwiSaver contributions

The government contribution has dropped from 50 cents to 25 cents for each dollar you contribute to KiwiSaver each year, dropping the maximum government contribution from $521.43 to $260.72.

If you’re aged 16 or 17, you now qualify for government contributions, so long as you meet other eligibility requirements.

If you earn more than $180,000 of taxable income a year, you no longer qualify for the government contribution.

There’ll be no change to government contributions for the year ending 30 June 2025. These will be paid in July and August 2025 at the current government contribution rate.

1 April 2026 changes
Default employer and employee contribution rates

The default KiwiSaver contribution rate will rise to 3.5% (from 3%) for you and your employer.

Temporary rate reduction

You can apply for a temporary rate reduction from 1 February 2026 if you want to carry on contributing at 3% from 1 April 2026. This could be because you can’t afford the rate increase or want to save in other ways.

You can apply for a temporary rate reduction for a 3 month (92 days) to 12 month period. You can apply for the rate reduction as many times as you like.

Your employer can choose to match your temporary rate reduction. Once you move from the temporary rate to a higher rate, we’ll notify your employer.

Temporary rate reduction

Contributions for 16 and 17-year-olds

If you’re aged 16 or 17 you’ll qualify for employer KiwiSaver contributions from 1 April 2026, so long as you meet other eligibility requirements.

If you contribute to KiwiSaver from your wages, your employer will need to start making contributions. Before 1 April 2026, your employer only needs to contribute for employees aged 18 to 65.

1 April 2028 changes
The default KiwiSaver contribution rate will rise again to 4% (from 3.5%) for you and your employer.