Since mid-June, the department has issued 16,500 deduction notices—25 percent more than in all of last year—recovering $17 million from over 8,000 completed deductions and another $5.5 million still in progress.
The clampdown follows a post-Covid shift from a lenient to a more assertive approach as total tax debt hit $9.3 billion by March.
Chartered accountants told state-funded media IRD is targeting persistent non-payers and businesses that withheld GST or PAYE to stay afloat. Critics note some taxpayers have had just a week’s warning before deductions, while IRD insists its system upgrade allows earlier detection and urges people to engage to arrange payment plans.
Daily Telegraph New Zealand (DTNZ) is an independent news website, first published in October 2021. - where this article was sourced.
Chartered accountants told state-funded media IRD is targeting persistent non-payers and businesses that withheld GST or PAYE to stay afloat. Critics note some taxpayers have had just a week’s warning before deductions, while IRD insists its system upgrade allows earlier detection and urges people to engage to arrange payment plans.
Daily Telegraph New Zealand (DTNZ) is an independent news website, first published in October 2021. - where this article was sourced.
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