DTNZ: Inland Revenue steps up bank deductions as tax debt tops $9.3b

Thousands of New Zealanders have had funds taken directly from their bank accounts as Inland Revenue intensifies efforts to recover unpaid taxes.

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.