IRD to construction industry: 'pay your tax or else'

IRD is taking a harder line against construction companies. (Image: Duncan Brown)

Tue, 09 Apr 2024

The Inland Revenue Department is giving the construction sector a last-chance warning to sort out its tax obligations before it comes knocking.Inland Revenue (IRD) is taking a harder line after adopting a softly-softly approach during the pandemic years. Its data showed that under-declaring income, often through cash jobs, was common in the construction industry.IRD spokesperson Richard Philp stated that if businesses and sole traders did the right thing, IRD would help them. If they didn’t, the department would find them and start follow...

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