Concerns surrounding the potential claiming of personal expenses and not keeping logbooks or business records to support deductions have been raised by the IRD.

Where IRD has identified customers that fall outside industry norms, they are sending letters to their tax agents asking them to review the tax returns and provide evidence to support the expenses claimed in the income tax returns.

If you find we are requesting more documentation to support your claims, rest assured that our aim is to ensure that your claims for expenses are valid and can withstand IRD scrutiny. If in doubt, reach out to us and discuss any concerns.