IRD SERVICES

Chartered Accountants – Business Advisors – IRD Audit Specialists

If you have tax compliance concern, our Chartered Accountants, Business Advisors, and highly experienced tax experts are here to help - IRD Debt Negotiation; IRD Investigation; IRD Dispute; IRD prosecution; IRD Tax Assessment.

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SMART TAX SOLUTIONS

GROWING YOUR SUCCESS IN PARTNERSHIP

IRD DEBT?

If taxes are not paid on their due date, the amount owed to IRD can add up quickly. Paying your taxes late will result in you having to pay significantly more as a result of penalties and interest charges.

Debt negotiations and requests for tax write-offs require expert knowledge and experience.

By law, the IRD has to consider two things when it demands payment. Firstly, the Commissioner must try to recover the highest net revenue as quickly as possible. Secondly, the Commissioner has to assess what effect allowing a tax write-off for someone would have on promoting voluntary compliance with the tax system.  In addition, there are other specific rules that govern what the IRD can do in debt negotiations.

We recommend you get help from experts when negotiating with the IRD, as doing so requires a thorough understanding of the rules, which govern the IRD. It is in your best interest, when negotiating with the IRD, that you negotiate within the boundaries of these rules.

We have successfully negotiated many settlements with the IRD, including tax write-offs in some cases. Not only have we assisted clients with negotiations, but we have also helped them grow their business further.

IRD TAX RISK REVIEW/AUDIT

IRD audit or Risk review process could be very stressful process.  It is always far cheaper to employ the experts to handle your IRD audit investigation/Risk review process than to suffer the consequences down the track. At the conclusion of the audit the IRD may decide to reassess the Income or GST returns and apply interest and shortfall penalties. This can be very costly to your business. These costs can be minimised (or may even be avoided) if you employ the experts.

On the topic of advice, IRD investigations are a specialist area whether it is compliance reviews or audits. Not all the accountants are proficient at handling the audit process. They may lack the experience or knowledge to handle an audit on their own, if at all.

At Smart Tax Solutions, we have accountants who have in-depth knowledge and experience in IRD audits and compliance reviews.  They can assist you during the audits and compliance reviews. If you already have an accountant, we can work jointly with your existing accountants during the IRD audit process. Some of our accountants worked for the IRD in the past as tax and GST investigators. We also have one of the top GST experts in the country working as a consultant. We have very successfully assisted many clients in the past.

If you are facing an IRD audit, ensure that you employ the experts. Even if you are confident that all your books are in order, get the experts to review.

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SMART TAX SOLUTIONS

GROWING YOUR SUCCESS IN PARTNERSHIP