Resolving Tax Disputes & IRD Audits with Covisory
When facing an IRD audit, dispute, or risk review, the stakes are high—especially when your business is already navigating complex tax and financial obligations. Covisory specialises in stepping in where others fall short, turning daunting tax challenges into manageable outcomes. Here’s how we help businesses like yours tackle critical tax issues and keep operations on track.
Common Pain Points: Is This Your Situation?
Struggling with Unresolved Tax Debt?
One of the most stressful scenarios is dealing with large, overdue tax obligations. For example, we recently helped a property developer with over $5 million in GST arrears and a decade of unfiled tax returns. After stepping in, we negotiated favourable time payments linked to property sales and structured the filings to optimise tax outcomes by utilising group losses.
Outcome: We successfully guided this client through multiple IRD risk reviews and audits, safeguarding owner investments and protecting their financial priorities.
Facing a Risk Review of Property Investments?
IRD reviews can cast doubt on the tax status of your property sales, potentially leading to unexpected liabilities. We provided in-depth technical and factual evidence for a significant property investor that convinced the IRD to accept that certain property sales were non-taxable.
Outcome: We secured a favourable decision, protecting our clients' profits and giving them the confidence to continue their investment strategy.
Stuck in a Stalemate with the IRD?
If you’ve tried and failed to settle a tax debt with the IRD, it may seem like there’s no way forward. A client approached us after their Chartered Accountant had unsuccessfully made four settlement offers. With our expertise in strategic negotiation, we presented a first offer that the IRD accepted—something previous attempts couldn’t achieve.
Outcome: We achieved a successful debt settlement by building a strong, fact-based case and clearly communicating the client’s financial position.
Why Covisory?
Our team doesn’t just provide tax advice—we actively manage your disputes, reviews, and audits, guiding you through the complexities while protecting your interests. Whether it’s mitigating IRD scrutiny, reducing exposure, or negotiating settlements, we know how to resolve difficult cases successfully.
Don’t Wait Until It’s Too Late
IRD disputes and audits do not go away on their own. The longer you delay, the more complex—and costly—your situation can become. We encourage you to get ahead of your tax challenges by contacting our experts, Nigel Smith and Chris Ng, today.
Take the First Step:
Call or email Nigel Smith (+64 21 377 280 | nigel@covisory.com) or Chris Ng (+21 21 110 6033 | chris@covisory.com) now to discuss your unique situation and how we can tailor our solutions to your needs. We will connect with you to outline the best path forward.
Your tax challenges are urgent, and so is the need for a proactive, reliable partner. Connect with Covisory and regain control of your financial future.
