Latest news with #HowardKaneTaylor
NZ Herald
14-07-2025
- Business
- NZ Herald
Former Auckland accountant Howard Taylor gets community detention for $94k Covid loan fraud
Former Auckland accountant Howard Kane Taylor has been sentenced for fraudulently receiving almost $95,000 in Covid support. Photo / 123RF Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech. Access to Herald Premium articles require a Premium subscription. Subscribe now to listen. Former Auckland accountant Howard Taylor gets community detention for $94k Covid loan fraud Former Auckland accountant Howard Kane Taylor has been sentenced for fraudulently receiving almost $95,000 in Covid support. Photo / 123RF A former Auckland chartered accountant has been given community detention after fraudulently pocketing almost $95,000 through the Small Business Cashflow loan scheme. Howard Kane Taylor was sentenced in the Auckland District Court last week after admitting eight charges earlier this year, days before his trial was due to start. Between May 28, 2020, and June 29, 2020, Taylor made eight Small Business Cashflow (SBC) loan applications each requesting an amount of $11,800 for various businesses totalling $94,400. The scheme was introduced in April 2020 to help small businesses during the Covid-19 pandemic. But Inland Revenue began an investigation in August 2020 and found none of the money was paid into the accounts of the companies Taylor had made applications for.
Scoop
14-07-2025
- Business
- Scoop
Former Tax Agent Sentenced For COVID Relief Fraud
Press Release – Inland Revenue Department A former Auckland chartered accountant was sentenced to community detention for fraudulently using the Small Business Cashflow (SBC) loan scheme to get nearly $95,000 for himself. Howard Kane Taylor was sentenced in the Auckland District court on 11 July. He pleaded guilty to the 8 charges just days before his trial was due to start earlier this year. Taylor chose to abuse the scheme and benefit off the taxpayer during the COVID 19 pandemic, a time of significant stress and uncertainty for people and their businesses. In April 2020, the Small Business Cashflow Loan scheme was introduced to help small businesses during the Covid-19 pandemic. It was designed to help those most in need during an unprecedented time of stress. Between 28 May 2020 and 29 June 2020, Taylor made eight SBC loan applications each requesting an amount of $11,800 for various businesses – a total of $94,400. In August 2020 IR began an investigation and found none of the money was paid into the accounts of the companies he had made the applications for. The money went into Taylor's accounts. All of the SBC loans have been repaid to IR. Taylor was a registered Tax Agent with Inland Revenue at the time of the offending but was removed from the list of tax agents by IR in November 2022. He was sentenced to six months community detention and ordered to complete 120 hours of community work. The judge allowed discounts on his sentence for his charity work, repaying the loans and because of his poor health.
Scoop
14-07-2025
- Business
- Scoop
Former Tax Agent Sentenced For COVID Relief Fraud
A former Auckland chartered accountant was sentenced to community detention for fraudulently using the Small Business Cashflow (SBC) loan scheme to get nearly $95,000 for himself. Howard Kane Taylor was sentenced in the Auckland District court on 11 July. He pleaded guilty to the 8 charges just days before his trial was due to start earlier this year. Taylor chose to abuse the scheme and benefit off the taxpayer during the COVID 19 pandemic, a time of significant stress and uncertainty for people and their businesses. In April 2020, the Small Business Cashflow Loan scheme was introduced to help small businesses during the Covid-19 pandemic. It was designed to help those most in need during an unprecedented time of stress. Between 28 May 2020 and 29 June 2020, Taylor made eight SBC loan applications each requesting an amount of $11,800 for various businesses – a total of $94,400. In August 2020 IR began an investigation and found none of the money was paid into the accounts of the companies he had made the applications for. The money went into Taylor's accounts. All of the SBC loans have been repaid to IR. Taylor was a registered Tax Agent with Inland Revenue at the time of the offending but was removed from the list of tax agents by IR in November 2022. He was sentenced to six months community detention and ordered to complete 120 hours of community work. The judge allowed discounts on his sentence for his charity work, repaying the loans and because of his poor health.
