Gisborne businesses liquidated after reportedly six-figure tax debts

Résumé détaillé

Two Gisborne businesses in court liquidation reportedly owe more than $600,000 each to the Inland Revenue Department. IRD successfully applied to the High Court at Gisborne to…

Both businesses racked up six figures in tax debt before entering court-ordered liquidation in September. Photo / NZME

Two Gisborne businesses in court liquidation reportedly owe more than $600,000 each to the Inland Revenue Department.

IRD successfully applied to the High Court at Gisborne to place BestBuilds and Macdonalds Transport into liquidation on September 25.

The Insolvency and Trustee Service – the Official Assignee’s Office under the Ministry of Business, Innovation and Employment (MBIE) – was appointed as liquidator for both.

The two reports state that the cause of liquidation appeared to be “related to a failure to account for taxation”.

BestBuilds was a construction business based in Kaiti, registered in December 2016 with sole director Johnathan Kerehama Haumera Hare.

IRD has claimed $1743 in applicant creditor costs, $270,422.36 as an unsecured creditor and $346,693.34 as a preferential unsecured creditor.

Two other creditors are listed, Heartland Bank as an unsecured creditor and Fletcher Distribution as a secured creditor, although figures are not listed.

Macdonalds Transport (also known as Macdonalds Bulk Spreading and Cartage) was registered as a business in 2016.

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