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30 Jun 2025 9:18
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  •   Home > News > Business

    A funding boost for Inland Revenue - towards a crack down on tax debt

    A funding boost for Inland Revenue - towards a crack down on tax debt


    The tax department's been allocated an extra 35-million-dollars in Budget 25, for its tax compliance and collection activities.

    The tax department expects to return an additional four dollars for every dollar in the first year, and eight dollars in year two.

    IRD Commissioner Peter Mersi says there was a focus on overseas student loan borrowers last year, and conversations are continuing with this group.

    He says those deliberately choosing not to make their payments can be arrested at the border if necessary.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    Business:
    Three months on from 'Liberation Day', Donald Trump's trade war is punishing US businesses 8:37

    Golf:
    Golfer Kazuma Kobori has finished in a share of 16th at the Italian Open on the European Tour 8:37

    International:
    China forces young Tibetan children to indoctrination boarding schools to push state propaganda, report finds 8:27

    Netball:
    The Tactix are ruing an inability to turn possession into goals during their 59-50 loss to the Pulse in netball's ANZ Premiership at Wellington 8:07

    Environment:
    NZ cities are getting hotter: 5 things councils can do now to keep us cooler when summer comes 8:07

    Rugby League:
    Canberra prop Josh Papalii has been dragged out of State of Origin league retirement to give Queensland's forward pack some oomph in the decider next Wednesday at Sydney 8:07

    Business:
    Excitement over expected changes to the way authorities deal with retail crime 7:57

    Law and Order:
    The Police watchdog's reopened a complaint into a Christchurch detective's alleged intimate relationship, with a rape complainant 7:57

    Soccer:
    A Messi exit for Inter Miami in the round-of-16 at football's Club World Cup 7:47

    Christchurch:
    Police are investigating an unexplained death in Canterbury's Amberley 7:27


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