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

 

Scoop Business: NZ Dollar Catches Breath After "Goldilocks" Slump

The New Zealand dollar edged up following its dramatic slump yesterday after the Reserve Bank confirmed speculation it intervened in the currency market last month and PM John Key suggested a “Goldilocks” level far lower than at present. More>>

ALSO:

Biosecurity: Kiwifruit Claim To Hold Officials Accountable For Psa

Kiwifruit growers have joined forces to hold Biosecurity NZ accountable in the courts for its negligence in allowing 2010’s Psa outbreak that devastated New Zealand’s kiwifruit industry and exports. Foundation claimants representing well ... More>>

ALSO:

Poison: Anglers Advised Not To Eat Trout In 1080 Areas

With the fishing season opening in just a few days (1 October 2014), anglers are being warned by the Department of Conservation(DOC) not to eat trout from pristine backcountry waters and their downstream catchments, where the department is conducting 1080 poisoning operations. More>>.

ALSO:

Quotas: MPI Swoop On Suspected Fraudulent Fishing Activity

Ministry for Primary Industries (MPI) compliance officers swooped on a Hawkes Bay fishing enterprise today to secure evidence in an investigation into suspected fraudulent activity... “The investigation involves activity throughout the commercial supply chain – catching, landing, processing and exporting.” More>>

ALSO:

Scoop Business: Fonterra Slashes 2015 Milk Payout, Earnings Tumble 76%

Fonterra Cooperative Group cut its forecast 2015 milk price payout by about 12 percent, citing weaker global dairy prices and said there is a risk of further declines given strong global milk production. More>>

ALSO:

Scoop Business: RBNZ Keeps OCR At 3.5%, Signals Slower Pace Of Future Hikes

Reserve Bank governor Graeme Wheeler kept the official cash rate at 3.5 percent and signalled he won’t be as aggressive with future rate hikes as previously thought as inflation remains tamer than expected. The kiwi dollar fell to a seven-month low. More>>

ALSO:

Weather: Dry Spells Take Hold In South Island

Many areas in the South Island are tracking towards record dry spells as relatively warm, dry weather that began in mid-August continues... for some South Island places, the current period of fine weather is quite rare. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand

Mosh Social Media
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news