{"id":337512,"date":"2026-03-19T14:15:27","date_gmt":"2026-03-19T14:15:27","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/337512\/"},"modified":"2026-03-19T14:15:27","modified_gmt":"2026-03-19T14:15:27","slug":"tauranga-man-vincent-reynolds-sentenced-over-80000-tax-and-covid-fraud","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/337512\/","title":{"rendered":"Tauranga man Vincent Reynolds sentenced over $80,000 tax and Covid fraud"},"content":{"rendered":"

Despite resigning as a director, he continued to control the company, filing GST returns, income tax returns and applications for several Covid-related relief schemes.<\/p>\n

Reynolds\u2019 GST-related offending netted him at least $47,865.51.<\/p>\n

The GST refunds were paid into NZDMH\u2019s bank account, which Reynolds controlled.<\/p>\n

He also filed false income tax returns for NZDMH totalling more than $30,000 in tax losses despite the company having made no sales nor incurred any expenditure. <\/p>\n

Reynolds went on to dishonestly apply for $84,000 in resurgence support payments (RSP), Covid support payments and Small Business Cashflow Scheme (SBCS) payments.<\/p>\n

He received $36,800 before Inland Revenue discovered and stopped the payments.<\/p>\n

Inland Revenue asked Reynolds for more information to support his SBCS application, to which he provided a number of invoices purportedly issued by NZDMH to customers to create the appearance of business income when there was none.<\/p>\n

When asked for further information on his RSP application and his income tax returns, Reynolds provided altered bank statements to suggest business income and expenditure.<\/p>\n

Inland Revenue labelled Reynolds\u2019 offending as premeditated.<\/p>\n","protected":false},"excerpt":{"rendered":"Despite resigning as a director, he continued to control the company, filing GST returns, income tax returns and…\n","protected":false},"author":2,"featured_media":337513,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[51017,74,95,1558,8607,180741,142014,3561,42,66305,5158,3234,130,43,180742,28703,1523,5129,5161,1227,7496,131,40,38,41,39,14225,18324],"class_list":["post-337512","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-51017","tag-after","tag-and","tag-been","tag-covid","tag-covidrelated","tag-entitled","tag-fraud","tag-headlines","tag-imprisonment","tag-man","tag-months","tag-more","tag-news","tag-obtaining","tag-offending","tag-over","tag-reynolds","tag-sentenced","tag-tauranga","tag-tax","tag-than","tag-top-news","tag-top-stories","tag-topnews","tag-topstories","tag-vincent","tag-wasnt"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/337512","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=337512"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/337512\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/337513"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=337512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=337512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=337512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}