Rio Beverages founder David Thexton’s second juice venture, Hunua Rd Manufacturing, put into liquidation owing $1.12m
The High Court appointed liquidators Lynda Smart and Derek Ah Sam to Hunua Rd Manufacturing on December 16,…
Hansells Masterton receivership: Brand still owes $6.89m after sale to Hart family company
The bulk of the reduction has been payments made to secured and preferential creditors. ANZ Bank has had…
Heavy rain, severe gales to lash South Island as weather warnings issued
Meanwhile, the rain is expected to also start from 4am in the far south and move up the…
7000 pensioners overcharged in another Inland Revenue error
He said he was not able to control this when he completed his return and did not realise…
Inland Revenue proposes changing tax treatment of loans companies issue to shareholders
Companies involved in property would likely be most affected. The change would only apply to companies owned by…
IRD Covid loan defaults hit $447m as 20,000 small firms fall behind
In addition, tens of billions of dollars’ worth of extraordinary government grants and loans, including the cashflow lending…
School uniform firm Sportclub collapses owing $1.5m to IRD, BNZ, NZRL
Liquidators detailed total assets valued at $22,086 at the time of the first report, with $21,192 in vehicles…
Two Tairāwhiti-based businesses enter liquidation, allegedly owing hundreds of thousands in tax
The only creditor listed is IRD, which is claiming $158,324.58 as a preferential unsecured creditor and $333,920.54 as…
Wairoa restaurant Gemmells continues in new hands as former owner placed in liquidation
“I don’t want to give up on my team, my friends and my community. I want to be…
Plant-based food firm Grater Goods goes into liquidation with debts owed to ASB Bank and Inland Revenue
After seeking professional advice, Grater decided to put the company into voluntary liquidation. It had 11 shareholders at…
Auckland restaurant Sidart owes former owner almost $1m after going into liquidation
“To our amazing guests, thank you for your continued patronage, your smiles, and the many conversations that turned…
Inland Revenue cracks down on overdue tax bills: IRD makes phone calls to claim GST, employer tax
The IRD said it was focusing on overdue goods and services tax (GST) and employer tax. “Where GST…