Apex Accountancy Limited

16/10/2026

09/10/2026

PAYE NOT PAID TO IRD? YOU COULD FACE JAIL TIME

Business owners, this is something you should take seriously.

When you pay your employees, you deduct PAYE from their wages and hold that money on behalf of Inland Revenue (IRD).

That money is not business income. It is money that needs to be paid to IRD by the required due date.

What happens if you don't pay it?

IRD has issued a Revenue Alert about employers who deduct PAYE and related amounts from employees’ wages but knowingly use that money for another purpose instead of paying it to Inland Revenue.

For example, using the PAYE money to pay:
✗ Business expenses
✗ Suppliers
✗ Rent
✗ Other debts
✗ Other cash-flow commitments

This can create a serious problem when the deductions are not paid to IRD.

THERE CAN BE CRIMINAL PENALTIES

Knowingly withholding PAYE deductions for another purpose can be a criminal offence.

If convicted, the penalties can include:
• Up to 5 years in jail
• A fine of up to $50,000
• Or both

The alert also states that a director who decides that the company will not pay the deductions to IRD may potentially be prosecuted.

What does this mean for your business?

If your business is struggling with cash flow, don't treat PAYE as money available to spend.

PAYE should be accounted for and paid to IRD on time.

There can also be civil penalties for failing to pay deductions, in addition to the potential criminal consequences.

If you think your business may have unpaid PAYE or you are struggling to keep up with your tax obligations, don't ignore it.

Read here for your reference:
https://www.taxtechnical.ird.govt.nz/revenue-alerts/2026/ra-26-01

https://www.taxtechnical.ird.govt.nz/-/media/project/ir/tt/pdfs/revenue-alerts/2026/ra-26-01.pdf?modified=20260315213850

Get advice on what to do next. The Revenue Alert specifically recommends seeking advice and considering a voluntary disclosure where applicable.

At Apex Tax New Zealand, we're here to help you stay on top of your payroll and tax obligations.

Don't wait until a small tax issue becomes a serious problem.

Cristina
Phone: 022 076 7577
Email: [email protected]

Roja
Phone: 022 131 0205
Email: [email protected]

Jayvee
Phone: 022 174 4956
Email: [email protected]

www.apexaccounting.co.nz

Apex Tax New Zealand
Accounting | Tax | Business Advisory

05/10/2026

FREE TAX & ACCOUNTING CONSULTATIONS — BOOK YOUR SPOT!

Need help with your tax, business, or accounting? Let’s talk!

For the next 3 days, Wednesday to Friday, 7–9 October, Cristina and Jasmine will be conducting FREE consultations for new and prospective clients.

What’s in it for you?

Your 1-hour consultation gives you the opportunity to:

✔️ Get clarity on your tax and accounting questions
✔️ Discuss your specific situation with an accounting professional
✔️ Understand what you need to do next
✔️ Identify potential tax and accounting issues before they become bigger problems
✔️ Explore how Apex can support you and your business
✔️ Get practical guidance without the pressure of committing to ongoing services

AFTER-HOURS APPOINTMENTS AVAILABLE

Working during the day? No problem!

We’re making it easier for you to speak with us by offering after-hours appointments from 5:00 PM–8:00 PM.

Wednesday, 7 October
5:00-6:00 PM
6:00-7:00 PM
7:00-8:00 PM

Thursday, 8 October
5:00-6:00 PM
6:00-7:00 PM
7:00-8:00 PM

Friday, 9 October
5:00-6:00 PM
6:00-7:00 PM
7:00-8:00 PM

Limited slots available, BOOK NOW!

Reserve your FREE consultation here:
https://calendly.com/roja-apexaccounting/30min

Whether you’re starting a business, already running one, managing rental income, working as a contractor, or simply want to get your tax affairs in order, this is your chance to have a conversation with us and get pointed in the right direction.

Don’t wait until tax season to ask questions. Book your FREE consultation today!

www.apexaccounting.co.nz

Apex Tax New Zealand
Accounting | Tax | Business Advisory

22/09/2026

Tanong ni Juan #14
“Gusto kong mag-start ng business pero paano kung kulang ang budget ko sa umpisa?”

Alam mo ba na may support or grant na maaaring available through Work and Income NZ para sa mga gustong magsimula ng sariling business?

Kung may business idea ka, maaaring makatulong ang Work and Income sa pagplano, pagsisimula, at pag-develop ng business, depende sa eligibility mo.

Ano ang maaring maging available na grant?

1. Business Training and Advice Grant

Maaaring makatulong para sa:
✔️ Developing a business plan
✔️ Business skills training
✔️ Business advice
✔️ Project reports

2. Self-Employment Start-up Payment

Maaaring makatulong sa essential start-up costs, gaya ng furniture o initial stock.

3. Flexi-wage for Self-Employment

Maaaring magbigay ng support para sa living costs habang nagsisimula at nade-develop ang business, subject to eligibility and assessment.

4. Help Finding Employees

May no-fee recruitment services na maaaring makatulong sa paghahanap ng employees para sa iyong business.

Pero tandaan: Hindi automatic na qualified ang lahat.

May eligibility requirements at kailangang ma-assess ang business idea. Para sa Flexi-wage, halimbawa, kailangang maipakitang viable ang proposed business at mayroong business plan.

Juan: “So hindi pala kailangan na ako lang ang mag-figure out ng lahat?”

Tama!

Kung may business idea ka, magandang first step ang alamin kung anong support ang maaari mong ma-access bago ka gumastos ng malaking capital.

Thinking of starting a business?

Before you register, spend, or start trading, make sure you understand your business structure, tax obligations, GST, record keeping, and allowable business expenses.

Check the official Work and Income information here:
https://www.workandincome.govt.nz/work/start-your-own-business

Need help understanding the accounting and tax side of starting your business?

Message Apex Tax New Zealand and we’re happy to help you get started on the right track.

Cristina
Phone: 022 076 7577
Email: [email protected]

Roja
Phone: 022 131 0205
Email: [email protected]

Jayvee
Phone: 022 174 4956
Email: [email protected]

www.apexaccounting.co.nz

Apex Tax New Zealand
Accounting | Tax | Business Advisory

21/09/2026

Received an “Overdue Amount Reminder” from Inland Revenue? Don’t Ignore It.

If you receive an Overdue Amount Reminder in your myIR account, it’s important to review it and take action as soon as possible.

IRD correspondence is often sent through myIR. If you receive a notice regarding overdue tax, check:
• What tax type and period the amount relates to
• The amount outstanding
• The payment due date
• Whether you already have an instalment arrangement in place

Leaving overdue tax unresolved may result in further debt recovery action, including the debt being referred for collection.

An overdue balance can quickly lead to:
• Penalties and interest charges
• Debt collection action
• Tax refund offsets
• Increased financial stress for your business or personal finances
Already have an instalment arrangement with IRD?

Having an instalment arrangement does not mean that future or current tax obligations are automatically covered by that arrangement.

For example, if you have an existing arrangement to repay an older tax debt, you still need to pay your new GST, PAYE, income tax, or other tax obligations as they become due.

It is important to:
✓ Continue making your agreed instalment payments
✓ Keep your current tax obligations up to date
✓ Check your myIR account regularly for new amounts due
✓ Contact IRD or your tax adviser early if you are unable to make a payment

Falling behind on new tax obligations while paying an existing arrangement can create additional overdue debt and may affect your existing arrangement.

The key takeaway:
An instalment arrangement helps manage an existing tax debt; it does not automatically cover new tax bills.

If you receive an overdue reminder or are unsure whether your current taxes are covered by your arrangement, don’t leave it until the last minute. Seek assistance early.

The earlier you address an IRD debt, the more options you may have available.

Received an Overdue Amount Reminder and are unsure what to do next?

Contact our team today for professional guidance.

Cristina
Phone: 022 076 7577
Email: [email protected]

Roja
Phone: 022 131 0205
Email: [email protected]

Jayvee
Phone: 022 174 4956
Email: [email protected]

www.apexaccounting.co.nz

Apex Tax New Zealand
Accounting | Tax | Business Advisory

This post provides general information only and does not constitute personalised tax advice.

21/09/2026

SHAPING THE FUTURE OF SMALL BUSINESS
Franchise & Small Business Expo 2026

Last Friday, 18 September 2026, the Apex team had the opportunity to attend the Shaping the Future of Small Business – Franchise & Small Business Expo in Auckland.

It was a valuable opportunity to connect with small business owners, franchise operators, entrepreneurs and fellow business advisers, while gaining a better understanding of the challenges businesses are facing today.

What can business owners take away from this event?

✓ Understand current challenges facing small businesses
✓ Learn about business growth, systems, AI, sales and marketing
✓ Explore franchising and business ownership opportunities
✓ Connect with other business owners and industry professionals
✓ Learn about funding, cash-flow and business planning
✓ Get different perspectives from advisers and service providers

And this is where accounting goes beyond simply filing tax returns.

Every business is different, and understanding the challenges business owners face helps us provide more relevant and practical support.

Thank you to the organisers, here’s to supporting the future of small business in New Zealand! 🇳🇿