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"New Zealand appears to be inching its way towards paying other countries to fight climate change on its behalf."

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"This does appear to indicate that the strong rises in stress seen earlier this year and last year may now be alleviating - again with falling interest rates likely to be helping."

by David Hargreaves

shortfall penalties

The taxman is mightier than the payer

Columnist Terry Baucher details some sobering and potent powers of the IRD including the imposition of "shortfall penalities" of 150% for unreported cash earnings.

8th Nov 11, 9:40am

by Terry Baucher

Columnist Terry Baucher details some sobering and potent powers of the IRD including the imposition of "shortfall penalities" of 150% for unreported cash earnings.

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