Property, rentals and hiring attract greatest IRD scrutiny

(Image: NZME)

Tue, 15 Apr 2025

The Inland Revenue Department’s blitz on delinquent taxpayers since receiving a $29 million Budget boost to its coffers for tax compliance enforcement has reaped more than $600m in undeclared tax from taxpayers across all sources in the six-month period to December.While the Inland Revenue Department (IRD) can’t name the tardiest of payers, citing client confidentiality, its segment lead for significant enterprises, Tony Morris, revealed last week that half of that extra cash came from fewer than 10 audits.Coincidentally, figures al...

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