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

 

Statistics: Dairy And Travel Still Our Largest Export Earners

New Zealand earned $2.3 billion more from exports than we spent on imports during the year ended June 2015... total exports of goods and services were $67.5 billion, while total imports were $65.1 billion. More>>

ALSO:

Approval: Air New Zealand And Air China Launch New Alliance Route

Air New Zealand and Air China have today launched joint sales for a new daily direct service between Auckland and Beijing after receiving approval from New Zealand Minister of Transport Hon Simon Bridges to form a strategic alliance. More>>

ALSO:

Money Trading: FX Trader Jin Yuan Finance Warned Over Lack Of Monitoring

Jin Yuan Finance, an Auckland-based foreign exchange trader, has been warned over its lack of anti-money laundering processes in place in the first public notification by the Department of Internal Affairs. More>>

ALSO:

Auckland Surge, Possible Peak: House Values Accelerate At Fastest Annual Pace In 8 Years

New Zealand residential property values rose at their fastest annual pace in eight years in August, pushed higher by overflowing demand in Auckland, which is showing signs speculators think it has reached its peak, according to Quotable Value. More>>

ALSO:

Cash Money: Reserve Bank Launches New $5 And $10 Banknotes

The $5 and $10 final banknotes were revealed at an event at the Bank in Wellington, and will start to be released from mid-October 2015. More>>

ALSO:

Truck Sales Booted: Commerce Commission Files Charges Against Mobile Trader

The Commerce Commission has filed charges against a mobile trader, or truck shop operator, claiming he obtained money from customers by deception and never intended to supply them with the goods they paid for. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news