Ever wonder why your business is making a profit but never has any cash? It’s a question we as accountants...
Daily we receive scam emails. But when Inland Revenue sends you one detailing a refund, we are always intrigued. This scam along with others you receive, has wrong data in it which should alert your “scam radar”.
|Most individual taxpayers have a March balance date and this refers to 31 May. The correct timeframe should be 12 months. If this was for a 2016 Tax return it wouldn’t include any 2017 dates. It would be dated 1/04/15 to 31/03/16.|
|This refers to fiscal activity which is an American term not used in NZ accounting.|
|This refers to NZD but they wouldn’t need to state which currency it is in as everything is in NZD.|
|Inland Revenue will never send a link for you to click on, instead they will refer you to log on to your myIR account.|
Other things to look out for
If you have received emails that you aren’t sure about please give your usual Staples Rodway representative a call and they’ll be more than happy to check them for you.