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Inland Revenue NZ

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Namestring
Inland Revenue NZ
Legal namestring
Inland Revenue (Te Tari Taake)
Websiteurl
ird.govt.nz
Company typeenum
Private
Founded yearint
1840
Descriptiontext

Inland Revenue NZ (Te Tari Taake) is the New Zealand Government's tax authority and a statutory public-sector department responsible for administering the country's tax system and a portfolio of social policy programs. It collects and enforces income tax, GST, and other revenue types, and administers Working for Families, Student Loans, Child Support, and KiwiSaver on behalf of the Crown. The department serves all New Zealand taxpayers, employers, and intermediaries through 18 customer-facing offices and the myIR digital portal, which is the primary channel for filing, assessment, and benefit interaction.

The operating model is funded through parliamentary appropriations rather than commercial revenue, and is delivered by a workforce in the 5,001-10,000 employee range headquartered in Wellington. The technology stack centers on the myIR platform, which connects employers, tax agents, and individuals to filing, payment, and entitlement workflows, and is increasingly augmented by AI/ML capabilities for compliance risk management, anomaly detection, and predictive analytics. The department is also exploring open banking integration and engaging with international peers such as HMRC on data and service-design approaches.

Strategically, Inland Revenue is expanding its mandate and enforcement footprint: it administers new policy instruments such as Investment Boost (2025), signed a new Double Taxation Agreement with the UK in June 2026, and is intensifying debt recovery — initiating 316 business wind-ups in the first four months of 2026 against a tax debt book exceeding NZ$9 billion. Its position rests on a statutory monopoly over NZ tax administration, a comprehensive national taxpayer dataset, and embedded integrations with employer payroll and accounting ecosystems.

Short descriptiontext

Inland Revenue NZ (Te Tari Taake) is New Zealand's statutory tax authority. It collects taxes and administers social programs including Working for Families, Student Loans, Child Support, and KiwiSaver for all NZ taxpayers and employers via the myIR digital portal and 18 service offices.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersWellington, New Zealand
HQ citystring
Wellington
HQ countrystring
New Zealand
HQ regionstring
Oceania
Markets served

Serves global market

Offices18 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
tax administration services, government revenue collection, social policy programs, tax compliance services, taxpayer account management
Industry1 code
1Revenue Systems, E-Filing & Digital Tax Administration
CodeBPAIADAOPrimaryYes
NAICS code2 codes
  • Public Finance Activities921130
  • Public Administration92
SIC code1 code
  • Services-Social Services8300
Product category
Public Tax Administration
Marketing channels8 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels6 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others
GTM typeB2B and B2C
B2B and B2C
Offering typeServices
Services
Core offering1 text field

Inland Revenue NZ collects most of the revenue the New Zealand Government needs to fund its programmes, administering income tax, GST, PAYE, fringe benefit tax, provisional tax, and property tax alongside social policy programmes including Working for Families, KiwiSaver, Student Loans, Child Support, and Paid Parental Leave. The department's core digital offering is the myIR online portal for self-service account management, filing, and payments, supported by 18 customer-facing offices, contact centres, and a network of registered tax intermediaries. It also administers international tax frameworks, the Unclaimed Money service, and ACC levy collection.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 5 values shown
  • Tax debt rose to over $9 billion as of June 2025, with Inland Revenue applying to wind up 316 businesses in first four months of 2026 — nearly double 2023 levels
+4 more records
Product overview1 text field

Inland Revenue NZ operates as a government tax authority offering a comprehensive suite of digital services through its myIR online portal. The core product is myIR, a secure online account management system complemented by specialized services for different tax types (Income Tax, GST, Fringe Benefit Tax, Property Tax) and social policy programs (Working for Families, KiwiSaver, Student Loans, Child Support, Paid Parental Leave). The department also provides dedicated services for international taxation, cryptocurrency compliance, and unclaimed money recovery. For business integration, Inland Revenue offers a digital service provider gateway with file upload capabilities and is exploring open banking technologies. The organization uses AI and machine learning for compliance risk management and fraud detection, with all algorithmic decisions subject to human oversight.

Product and service2 records
1myIR
Categorycore product
Description

Online secure account management portal allowing customers to view payments, change details, file tax returns, GST returns, and access student loan and KiwiSaver information. The core digital product for individuals and businesses.

2Income Tax
Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership4 partners
Strategic tierCoreTypeTechnology or Integration
Description

Inland Revenue participates in OECD international tax frameworks including the Crypto-Asset Reporting Framework (CARF) for automatic exchange of crypto-asset information, the Common Reporting Standard (CRS) for cross-border financial account information, Country-by-Country Reporting (CbCR) as part of BEPS, and the Automatic Exchange of Information (AEOI) initiative. New Zealand has signed up to CARF and AEOI for sharing information about foreign tax residents or crypto-asset users with other tax authorities.

Strategic tierFlagshipTypeTechnology or Integration
Description

HMRC pioneered government use of open banking technology through fintech supplier Ecospend. Inland Revenue is drawing on the UK's experience and issued a request-for-information (RFI) for open banking and related technologies to explore reducing incorrect payments, minimizing direct debit errors and fraud, and cutting payment reconciliation errors.

Strategic tierCoreTypeOthers
Description

Inland Revenue discloses personal information to other New Zealand government agencies under information matching or sharing agreements, including Ministry of Social Development, Ministry of Justice, Ministry of Business Innovation and Employment, NZ Police, NZ Customs Service, Accident Compensation Corporation, and Statistics New Zealand.

Strategic tierCoreTypeOthers
Description

Inland Revenue administers New Zealand's double tax agreements (DTAs) with multiple countries. New Zealand signed a new DTA with the United Kingdom in June 2026 to replace the 1984 agreement, and also signed a new DTA with Slovenia. The competent authority office administers exchange of information under DTAs and handles mutual agreement procedures (MAP) for resolving double taxation disputes.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeOthers
Description

Global payments processor that replaced Windcave as IRD's card payment processor. Comparable as a payments infrastructure supplier rather than a tax administration peer.

TypeDirect peer
Description

Canada's federal tax and benefits administrator, handling income tax, GST/HST, payroll, and benefits delivery (similar to IRD's combination of tax and social policy administration).

TypeDirect peer
Description

Australia's national revenue authority administering income tax, GST, superannuation (analogous to KiwiSaver), and PAYG withholding. Closely comparable jurisdiction, scale, and product mix to IRD.

TypeOthers
Description

UK fintech that supplies open banking account-verification technology to HMRC. Cited by IRD as the reference implementation for its own open banking RFI, making it a directly comparable technology partner rather than a competitor.

TypeDirect peer
Description

Japan's central tax administration overseeing income tax, corporate tax, consumption tax, and inheritance tax under a unified framework. Comparable as a national-level tax administrator.

TypeDirect peer
Description

South Africa's revenue collection agency administering income tax, VAT, PAYE, and customs, with significant investment in digital transformation and data analytics for compliance.

TypeDirect peer
Description

United Kingdom's national tax authority, responsible for income tax, VAT, PAYE, and a similar range of social policy-style programs. HMRC is explicitly cited by IRD as the model for its open banking initiative via Ecospend.

TypeDirect peer
Description

Singapore's tax administrator covering income tax, GST, property tax, and withholding tax. A directly comparable single-agency revenue collection model in a similarly compact jurisdiction.

9Irish Revenue Commissioners
TypeDirect peer
Description

Ireland's tax and customs administration, recognized for digital-first tax services (Revenue Online Service) comparable in scale and modernization philosophy to IRD's myIR platform.

TypeBroad incumbent
Description

United States federal tax administrator. While much larger and structurally different (no GST, state-level layers), it is the closest analogue in administering federal income tax and payroll withholding at national scale.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
Yes

Docs URL, Description

Integration2 records

Each record includes

Title, Type, Description, Source

AI capability4 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance5 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Inland Revenue NZ

Public Tax Administrationird.govt.nz

Inland Revenue NZ (Te Tari Taake) is New Zealand's statutory tax authority. It collects taxes and administers social programs including Working for Families, Student Loans, Child Support, and KiwiSaver for all NZ taxpayers and employers via the myIR digital portal and 18 service offices.

What Inland Revenue NZ does

Inland Revenue NZ (Te Tari Taake) is the New Zealand Government's tax authority and a statutory public-sector department responsible for administering the country's tax system and a portfolio of social policy programs. It collects and enforces income tax, GST, and other revenue types, and administers Working for Families, Student Loans, Child Support, and KiwiSaver on behalf of the Crown. The department serves all New Zealand taxpayers, employers, and intermediaries through 18 customer-facing offices and the myIR digital portal, which is the primary channel for filing, assessment, and benefit interaction.

The operating model is funded through parliamentary appropriations rather than commercial revenue, and is delivered by a workforce in the 5,001-10,000 employee range headquartered in Wellington. The technology stack centers on the myIR platform, which connects employers, tax agents, and individuals to filing, payment, and entitlement workflows, and is increasingly augmented by AI/ML capabilities for compliance risk management, anomaly detection, and predictive analytics. The department is also exploring open banking integration and engaging with international peers such as HMRC on data and service-design approaches.

Strategically, Inland Revenue is expanding its mandate and enforcement footprint: it administers new policy instruments such as Investment Boost (2025), signed a new Double Taxation Agreement with the UK in June 2026, and is intensifying debt recovery — initiating 316 business wind-ups in the first four months of 2026 against a tax debt book exceeding NZ$9 billion. Its position rests on a statutory monopoly over NZ tax administration, a comprehensive national taxpayer dataset, and embedded integrations with employer payroll and accounting ecosystems.

Inland Revenue NZ firmographics

Firmographics
Name
Inland Revenue NZ
Legal name
Inland Revenue (Te Tari Taake)
Website
https://ird.govt.nz
Company type
Private
Founded year
1840
Operating status
Operating
Headcount range
5,001–10,000 employees
Short description
Inland Revenue NZ (Te Tari Taake) is New Zealand's statutory tax authority. It collects taxes and administers social programs including Working for Families, Student Loans, Child Support, and KiwiSaver for all NZ taxpayers and employers via the myIR digital portal and 18 service offices.
Ownership category
akta.pro rank

Inland Revenue NZ industry classification

Industry
Product category
Public Tax Administration
NAICS
Public Finance Activities (921130), Public Administration (92)
SIC
Services-Social Services (8300)
akta.pro primary industry
Revenue Systems, E-Filing & Digital Tax Administration (BPAIADAO)

Keywords

  • Tax administration services
  • Government revenue collection
  • Social policy programs
  • Tax compliance services
  • Taxpayer account management

Where Inland Revenue NZ is headquartered

Location

Headquarters

HQ city
Wellington
HQ country
New Zealand
HQ region
Oceania

Offices18 records

Markets served

Inland Revenue NZ business model

Business model
GTM type
B2B and B2C
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Distribution channels6 records

Marketing channels8 records

Inland Revenue NZ product offering

Product offering

Core offering

Inland Revenue NZ collects most of the revenue the New Zealand Government needs to fund its programmes, administering income tax, GST, PAYE, fringe benefit tax, provisional tax, and property tax alongside social policy programmes including Working for Families, KiwiSaver, Student Loans, Child Support, and Paid Parental Leave. The department's core digital offering is the myIR online portal for self-service account management, filing, and payments, supported by 18 customer-facing offices, contact centres, and a network of registered tax intermediaries. It also administers international tax frameworks, the Unclaimed Money service, and ACC levy collection.

Product overview

Inland Revenue NZ operates as a government tax authority offering a comprehensive suite of digital services through its myIR online portal. The core product is myIR, a secure online account management system complemented by specialized services for different tax types (Income Tax, GST, Fringe Benefit Tax, Property Tax) and social policy programs (Working for Families, KiwiSaver, Student Loans, Child Support, Paid Parental Leave). The department also provides dedicated services for international taxation, cryptocurrency compliance, and unclaimed money recovery. For business integration, Inland Revenue offers a digital service provider gateway with file upload capabilities and is exploring open banking technologies. The organization uses AI and machine learning for compliance risk management and fraud detection, with all algorithmic decisions subject to human oversight.

Differentiator

Problem solved

Functional benefit

Products and services

  • myIR Online secure account management portal allowing customers to view payments, change details, file tax returns, GST returns, and access student loan and KiwiSaver information. The core digital product for individuals and businesses.
  • Income Tax

Quantifiable outcome

  • Tax debt rose to over $9 billion as of June 2025, with Inland Revenue applying to wind up 316 businesses in first four months of 2026 — nearly double 2023 levels
  • +4 more outcomes

Companies that use Inland Revenue NZ

Customer profile

Segments5 records

Ideal customer profiles5 records

Inland Revenue NZ technology and API

Technology

Technology focussed Yes

API detail

Has API
Yes
API docs
API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability4 records

Feature1 record

Inland Revenue NZ partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core and flagship.

  • OECD (Organisation for Economic Co-operation and Development)coreTechnology or IntegrationInland Revenue participates in OECD international tax frameworks including the Crypto-Asset Reporting Framework (CARF) for automatic exchange of crypto-asset information, the Common Reporting Standard (CRS) for cross-border financial account information, Country-by-Country Reporting (CbCR) as part of BEPS, and the Automatic Exchange of Information (AEOI) initiative. New Zealand has signed up to CARF and AEOI for sharing information about foreign tax residents or crypto-asset users with other tax authorities.
  • HMRC (UK His Majesty's Revenue and Customs)flagshipTechnology or IntegrationHMRC pioneered government use of open banking technology through fintech supplier Ecospend. Inland Revenue is drawing on the UK's experience and issued a request-for-information (RFI) for open banking and related technologies to explore reducing incorrect payments, minimizing direct debit errors and fraud, and cutting payment reconciliation errors.
  • New Zealand Government agencies (MSD, MOJ, MBIE, Police, Customs, ACC, Stats NZ)coreOthersInland Revenue discloses personal information to other New Zealand government agencies under information matching or sharing agreements, including Ministry of Social Development, Ministry of Justice, Ministry of Business Innovation and Employment, NZ Police, NZ Customs Service, Accident Compensation Corporation, and Statistics New Zealand.
  • Foreign tax authorities (treaty partners)coreOthersInland Revenue administers New Zealand's double tax agreements (DTAs) with multiple countries. New Zealand signed a new DTA with the United Kingdom in June 2026 to replace the 1984 agreement, and also signed a new DTA with Slovenia. The competent authority office administers exchange of information under DTAs and handles mutual agreement procedures (MAP) for resolving double taxation disputes.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Inland Revenue NZ competitors and assessment

Company assessment

Others

  • Worldline: Global payments processor that replaced Windcave as IRD's card payment processor. Comparable as a payments infrastructure supplier rather than a tax administration peer.
  • Ecospend: UK fintech that supplies open banking account-verification technology to HMRC. Cited by IRD as the reference implementation for its own open banking RFI, making it a directly comparable technology partner rather than a competitor.

Direct peers

  • Canada Revenue Agency (CRA): Canada's federal tax and benefits administrator, handling income tax, GST/HST, payroll, and benefits delivery (similar to IRD's combination of tax and social policy administration).
  • Australian Taxation Office (ATO): Australia's national revenue authority administering income tax, GST, superannuation (analogous to KiwiSaver), and PAYG withholding. Closely comparable jurisdiction, scale, and product mix to IRD.
  • National Tax Agency (Japan): Japan's central tax administration overseeing income tax, corporate tax, consumption tax, and inheritance tax under a unified framework. Comparable as a national-level tax administrator.
  • South African Revenue Service (SARS): South Africa's revenue collection agency administering income tax, VAT, PAYE, and customs, with significant investment in digital transformation and data analytics for compliance.
  • HM Revenue & Customs (HMRC): United Kingdom's national tax authority, responsible for income tax, VAT, PAYE, and a similar range of social policy-style programs. HMRC is explicitly cited by IRD as the model for its open banking initiative via Ecospend.
  • Inland Revenue Authority of Singapore (IRAS): Singapore's tax administrator covering income tax, GST, property tax, and withholding tax. A directly comparable single-agency revenue collection model in a similarly compact jurisdiction.
  • Irish Revenue Commissioners: Ireland's tax and customs administration, recognized for digital-first tax services (Revenue Online Service) comparable in scale and modernization philosophy to IRD's myIR platform.

Broad incumbents

  • Internal Revenue Service (IRS): United States federal tax administrator. While much larger and structurally different (no GST, state-level layers), it is the closest analogue in administering federal income tax and payroll withholding at national scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Inland Revenue NZ social profiles

Digital presence

Inland Revenue NZ compliance and trust

Trust signal

Compliance5 records

Inland Revenue NZ financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Inland Revenue NZ leadership team

Management profile

Number of profiles

Profiles2 records

Inland Revenue NZ funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Inland Revenue NZ M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Inland Revenue NZ

What does Inland Revenue NZ do?

Inland Revenue NZ collects most of the revenue the New Zealand Government needs to fund its programmes, administering income tax, GST, PAYE, fringe benefit tax, provisional tax, and property tax alongside social policy programmes including Working for Families, KiwiSaver, Student Loans, Child Support, and Paid Parental Leave. The department's core digital offering is the myIR online portal for self-service account management, filing, and payments, supported by 18 customer-facing offices, contact centres, and a network of registered tax intermediaries. It also administers international tax frameworks, the Unclaimed Money service, and ACC levy collection.

Is Inland Revenue NZ a public or private company?

Inland Revenue NZ is a private company. It is classified as state government owned and is currently operating.

When was Inland Revenue NZ founded?

Inland Revenue NZ was founded in 1840. It employs 5,001 to 10,000 people.

Where is Inland Revenue NZ based?

Inland Revenue NZ is headquartered in Wellington, New Zealand, in the Oceania region.

Who are Inland Revenue NZ's main competitors?

Others on record are Worldline and Ecospend. Direct peers are Canada Revenue Agency (CRA), Australian Taxation Office (ATO), National Tax Agency (Japan), South African Revenue Service (SARS), HM Revenue & Customs (HMRC), Inland Revenue Authority of Singapore (IRAS) and Irish Revenue Commissioners. Internal Revenue Service (IRS) is listed as a broad incumbent.

Does Inland Revenue NZ have an API?

Yes. Inland Revenue provides gateway and file upload services for digital service providers (DSPs) who integrate with their systems. The department also offers open banking technology exploration for reducing incorrect payments, minimizing direct debit errors through account verification, and cutting payment reconciliation errors.

What industry is Inland Revenue NZ in?

Inland Revenue NZ's product category is Public Tax Administration. Its primary akta.pro industry code is BPAIADAO, Revenue Systems, E-Filing & Digital Tax Administration. Its NAICS code is 921130 and its SIC code is 8300.

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Live signals
NZ HeraldPublic sector cuts: Inland Revenue tells staff further job cuts may be consideredInland Revenue staff were told the agency may consider further job cuts as it faces a shrinking budget. An intranet message from chief executive Peter Mersi said savings across multiple years mean the agency will operate within a 20% reduction to its baseline budget in 2028/29.NZ HeraldNorthland woman Helen Fuataha sentenced for false GST claimsA judge found Helen Fuataha made seven false GST returns for her business, including a $750,000 claim. She tried to blame the error on bad internet during a trip to Ethiopia, but neither Inland Revenue nor the judge accepted the excuse. She had made at least 60 minor adjustments to her online Inland Revenue account before the claim.NZ HeraldInland Revenue spent $50k on advertising fees-free after learning policy would be axedInland Revenue defended spending $50,000, excluding GST, on advertising for its fees-free tertiary education scheme after learning the policy was being axed. The agency ran ads through Google Ads, Meta, Go Media and TVNZ between May 4 and June 29, targeting learners already eligible for the subsidy.NZ HeraldGisborne liquidations: Accountancy body suggests law change to prevent tax debtChartered Accountants Australia and NZ (CAANZ) is proposing legislative changes to prevent businesses from collapsing due to persistent tax debt issues. This call for reform comes as New Zealand's business liquidations hit a 15-year high of 2,867 last year, with the Inland Revenue Department reporting 1,725 liquidations so far this year.NZ HeraldGisborne contractor Jesse James Contracting liquidated reportedly owing $1.1m to IRDJesse James Contracting, a drain-laying business based in Gisborne, has been liquidated after failing to meet its financial obligations. The company reportedly owes over $1 million to the Inland Revenue Department (IRD), with liquidators attributing the insolvency to slow payments for work performed and inconsistent operations.NZ HeraldInland Revenue targets tax non-compliance in horticultureNew Zealand's Inland Revenue department announced it is increasing scrutiny on tax non-compliance in the horticulture sector, targeting false invoicing, GST fraud, and PAYE evasion among growers, contractors, and subcontractors. In the year to June 30, 2026, the agency opened approximately 130 investigations into horticulture businesses involving $7.2 million in discrepancies, with 45 cases still open and three individuals sentenced to home detention for tax evasion. The agency is also strengthening GST registration reviews, pursuing outstanding sector debt, and may share evidence of non-tax offending with other enforcement agencies including police and MBIE's Labour Inspectorate.StuffIs your name on the IRD’s $619 million list? Thousands of Kiwis are owed money – and don’t even know itNew Zealand's Inland Revenue Department (IRD) is holding $619 million in unclaimed money as of June 30, 2025, up from $574 million the previous year, with thousands of Kiwis potentially owed funds they are unaware of. The IRD's dedicated unclaimed money team sends letters to potential owners, but the sheer volume of claims combined with scam risks limits their outreach effectiveness. Consumer NZ has proposed improvements including using existing tax data to automatically deposit unclaimed funds and modernizing New Zealand's fragmented digital identity framework.Bit2Me BlogCryptocurrencies in New Zealand: buying guide 2026This article serves as a comprehensive guide for purchasing cryptocurrencies in New Zealand, outlining the legal status, regulatory framework involving the FMA and DIA, and tax obligations under Inland Revenue. It details funding methods such as POLi and bank transfers, while promoting Bit2Me as a MiCA-licensed international platform option for residents. The content provides step-by-step instructions for account registration, KYC verification, and secure asset custody.NZ HeraldWarning to businesses owners, as more firms face closure over unpaid taxInland Revenue has applied to wind up 316 businesses in the first four months of this year for unpaid tax, nearly double the number from the same period in 2023 and almost six times more than in 2022, according to data from insolvency practice McDonald Vague. Liquidations in the sector surged 49% in the year to March, prompting warnings from industry representatives that business owners should not ignore their tax obligations. Hospitality NZ CEO Kristy Phillips joined Herald NOW to discuss the impact on the sector.NZ HeraldInland Revenue’s medical dismissal was unjustifiable, but ERA refuses employee full compensationThe Employment Relations Authority in New Zealand found that Inland Revenue unjustifiably dismissed an employee on medical grounds in December 2024, after the employee provided ten medical certificates covering depression and fibromyalgia. While the authority determined the dismissal was procedurally unfair because the employee was not given an opportunity to respond before termination, it reduced compensation to nil citing changes to employment law that require greater consideration of employee conduct. The ERA member criticized Inland Revenue's termination letter for including allegedly offensive and inaccurate comments about the employee's family life, though he declined to reinstate the employee.