Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Self-employed commercial cleaner sentenced for tax evasion

Self-employed commercial cleaner sentenced for tax evasion

A Tauranga-based self-employed commercial cleaner has been sentenced to 12 months home detention after earlier pleading guilty to 69 charges of tax evasion involving over $250,000.

Alexanders Blanco Arias was sentenced in the Tauranga District Court today after pleading guilty to knowingly evading his tax obligations and evading GST and Income Tax.

Group Manager Investigations and Advice, Patrick Goggin said that Arias’ prosecution is a warning to those who deliberately break the law.

“Arias operated two businesses since 2005, Aspen Cleaning Services 2004 Limited and Aspen Cleaning Services Limited. He engaged the services of an accountant to file both the companies GST and Income Tax returns and his own personal tax returns based on the information that he provided,” Mr Goggin said.

During a routine audit in 2013 Inland Revenue also discovered a bank account with around one million dollars of apparent income deposits in it.

“During this time Mr Arias’s household also received family support credits that it was not entitled to based-on the incorrect income declared.”

When questioned by Inland Revenue, Arias admitted that he was fully aware of his tax obligations despite deliberately choosing not to disclose information, as he had a personal debt issue and needed the money to service this.

In total $230,688.05 of core tax has not been paid since 2005 in addition to around $35,000 of family support credits.

“Inland Revenue takes these matters very seriously and we encourage people to come talk to us early when they are setting up in business. In this case, Arias thought that he could get away with declaring all his income and even set up another bank account that he did not make his accountant aware of.

“It is very difficult to get away with evading tax, and by talking to us early, we can assist with a payment arrangement and discuss further options, because simply not paying your fair share is not acceptable.

Mr Arias has entered into a payment arrangement with Inland Revenue to pay the full amount back.” says Mr Goggin.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Research: ‘Ageing Well’ Science Challenge Launched

Science and Innovation Minister Steven Joyce today launched the Ageing Well National Science Challenge, confirming initial funding of $14.6 million. More>>

ALSO:

Scoop Business: Govt Resisting Pressure To Pump More Cash Into Solid Energy

Prime Minister John Key says it is “not the government’s preferred option” to make a fresh capital injection into the troubled state-owned coal miner, Solid Energy, but dodged journalists’ questions at his weekly press conference on whether that might prove necessary... More>>

ALSO:

Lagest Ever Privacy Breach Award: NZCU Baywide Accepts “Severe” Censure In Cake Case

NZCU Baywide says that once it was found to have committed a breach of a former staff member’s privacy, it had attempted to resolve the matter... the censure and remedies for its actions taken almost three years ago are “severe” but accepted, and will hopefully draw a line under the matter. More>>

ALSO:

Scoop Business: PayPal Stops Processing Mega Payments; NZX Listing Still On

PayPal has ceased processing payments for Mega, the file storage and encryption firm looking to join the New Zealand stock market via a reverse listing of TRS Investments, amid claims it is not a legitimate cloud storage service. More>>

ALSO:

Housing Policy: Auckland Densification As Popular As Ebola, English Says

Finance Minister Bill English said calls by the Reserve Bank Governor for more densification in Auckland’s housing were “about as popular in parts of Auckland as Ebola” would be. More>>

ALSO:

Crown Accounts: NZ Government Deficit Smaller Than Expected In First Half

The New Zealand government's operating deficit was smaller than expected in the first six months of the financial year, as the consumption and corporate tax take rose ahead of forecast in December, having lagged estimates in previous months. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news