Intax Chartered Accountants

IRD is getting tougher on unpaid taxes

The Inland Revenue Department isn’t playing around anymore. They’re now placing deduction notices with banks and emptying taxpayers’ accounts, making arrests at the border, and taking a much harder line in debt negotiations — on top of bankruptcy and liquidation.

And it doesn’t stop there — for unpaid PAYE and GST, the IRD can prosecute. That means you could face up to 5 years in prison and/or a $150,000 fine.

If you’ve got tax debts hanging over your head, don’t wait for the IRD to come knocking. Sort it out now — before they decide how the story ends.

Kiwi living in Australia for decades arrested at NZ border over unpaid $58k student debt Her lawyer said such a move was 'very, very rare'.