New Zealand's tax debt has hit $9.3b, prompting an IRD crackdown
Inland Revenue has sharply increased its enforcement activity, collecting $4.3 billion in overdue tax in the year to June – the highest total since 2018 – as total tax debt reached $9.3b. The department’s audit numbers rose 42% to 7641, with one in three targeting property transactions. An extra $35 million in Budget 2025 boosted the IRD's compliance funding, reinforcing the Government’s shift from pandemic-era leniency to debt recovery.
Problem areas: Baker Tilly Staples Rodway tax director Andrew Dickeson said Inland Revenue is scrutinising property sales, underpaid salaries and trust income splitting, alongside cash work and overseas companies operating in New Zealand. Its 2025 annual report shows 650 liquidation cases referred to court, up 49% year on year, signalling tougher consequences for unpaid tax. Dickeson said the IRD was typically good to deal with if people front-footed the tax issue they had and worked on making a payment plan.
========================================================
Get decorating with the Resene Sale !
20% off Resene premium paints, wood stains, primers & sealers and 20% off wallpaper and 20% off decorating accessories.
See your Resene Colorshop and bring out the best in your home.
Sunday Market at St Johns – Come Say Hi!
Hi Neighbours !!!!
If you’re looking for an easy, feel-good way to start your Sunday, pop down to the St Johns Market it’s on every week and always worth a visit
Expect plenty to enjoy:
Delicious Food and Drink
Seasonal fruit & veg from local growers
Handmade goodies & crafts
Clothes, toys
It’s a laid-back, welcoming spot to catch up with neighbours, support local, and soak up the community vibe.
Stay connected & get updates:
Facebook
info.sjmarket@gmail.com
0274 671 446
Bring the kids, bring the dog, or just bring yourself and make a morning of it hope to see you there!
7 Allison Ferguson Drive, Auckland Netball Courts
Got more greens than you know what to do with? 🥦🌱🥕
Whether it’s a courgette takeover or a feijoa frenzy, don’t let those garden gems go to waste!
Our suggestion to you: Did you know you can grate and freeze excess courgettes to use in chocolate cake later? It sounds a bit dodgy, but it makes the cake incredibly moist ... and hey, it counts as a serving of veg, right? 🍫
What’s your go-to move for a bumper harvest? Drop your best "glut" recipes or preservation hacks in the comments below! 👇
Loading…
