Mortgage broker sent to prison

Mortgage Rates

The Auckland mortgage broker was sentenced to three years and two months jail in the Waitakere District Court on 10 charges of failing to submit an income tax return with the intention of tax evasion for each of the tax years between 2008 and 2017.

Barton served a jail sentence in the early 2000s on a number of fraud offences.

Inland Revenue spokesperson Tony Morris says every self-employed person knows of the requirement to file an income tax return but Barton knowingly avoided this obligation.

“Barton registered for income tax and proceeded to not pay it for all the years that he was in business.

“Our audit uncovered regular deposits into his bank account for the mortgage broking or consultancy services he was providing so it was clear his business was profitable.”

Barton evaded over $400,000 by choosing not to file his income tax returns.

Morris says those actions can’t be left to slide without serious consequences.

“Taxpayers can’t just choose to remove themselves from the tax system. We all have a responsibility to pay our fair share towards society’s essential services.

“Barton was fully aware of his tax obligations. We made several attempts to try to help him get back on track but he simply wasn’t interested in doing the right thing.

“His offending amounts to straight out theft of taxpayers’ money and shows a blatant disregard for one of the key responsibilities of running a business – filing an income tax return.”

Keen for the best rate and some cash too?

We've teamed up with award winning mortgage experts, Squirrel.

With over 1,425 five star reviews on Shopper Approved, Squirrel has helped thousands of Kiwis just like you secure the best possible rate when refixing or refinancing. Squirrel often beats the advertised rates so it's worth getting them to review your mortgage.

shopper approved logofive star revews
R

Ryan

New Zealand

five star revews

The service I got from Squirrel was extremely efficient. They dealt with my loan so easily and achieved a result greater than what I was expecting.

J

Jo

New Zealand

five star revews

Highly recommend Squirrel to sort out a mortgage with the banks takes the hassle out of going to separate banks with so much information they do the hard yards for you - Baz was a superstar and helped me all the way to my new home.

Get a free mortgage review

All fields are required