Marion van Dijk/Stuff
Nevil Basalaj, director of liquidated company Nelson Reliance Engineering, has been ordered to pay Inland Revenue reparations, after the company failed to pay $491,000 PAYE and related taxes.
Businesses owed more than $4m from a Nelson company, whose director has been sentenced for tax default, are frustrated they dont know what has happened to the money, more that two years after the company went into liquidation.
Nevil Basalaj, director of the insolvent boat building company Nelson Reliance Engineering, was sentenced on Wednesday for his company failing to pay $491,000 PAYE and related taxes.
Basalaj, a prominent offroad motor sport competitor, pleaded guilty to nine charges of not passing on employees’ …
Read the full article at: https://www.stuff.co.nz/business/122795868/wheres-the-other-4m-ask-creditors-of-liquidated-marine-company
