IAIN MCGREGOR/FAIRFAX NZ
Stonewood Homes was placed into receivership owing unsecured creditors $15m. Now the IRD wants to liquidate it.
Two Stonewood Homes companies owed Inland Revenue (IRD) more than $1 million at the time of their collapse, court documents reveal.
The two firms owed more than $330,000 in outstanding PAYE tax a major debt that could result in senior figures being held criminally liable if they were aware of the failure to pay PAYE, an insolvency expert says.
Brent Mettrick, the building company’s founder and director when it falte…
Read the full article at: http://www.stuff.co.nz/business/78666170/stonewood-homes-companies-1-million-inland-revenue-tax-debt