{"id":76538,"date":"2025-10-13T22:10:08","date_gmt":"2025-10-13T22:10:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/76538\/"},"modified":"2025-10-13T22:10:08","modified_gmt":"2025-10-13T22:10:08","slug":"expect-a-call-from-inland-revenue-even-for-small-tax-debts","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/76538\/","title":{"rendered":"Expect a call from Inland Revenue \u2014 even for small tax debts"},"content":{"rendered":"

Inland Revenue (IR) says even people with relatively small tax debt could expect to receive a phone call chasing them up for it as part of a new effort to stop them spiralling out of control.<\/p>\n

The department started phoning some taxpayers on October 9, targeting people with more than $1000 in overdue GST or employer tax dating back between six months and five years.<\/p>\n

It said in a statement that most customers stayed on top of their tax.<\/p>\n

“But for those who don\u2019t Inland Revenue wants to be clear – ignoring debt will only make things worse.”<\/p>\n

Customers would be advised of the amount of overdue debt they owe, as well as the mounting penalties and interest.<\/p>\n

“We want to encourage customers to either pay their debt in full or set up an instalment arrangement,” a spokesperson said.<\/p>\n

Those with larger debts, more than $10,000 in GST or employer obligations, would be reminded of the potential legal consequences of ignoring them.<\/p>\n

If customers don\u2019t respond to phone calls, IR may visit them in person. <\/p>\n

In some cases, the department can take money directly from bank accounts<\/a> or initiate insolvency proceedings.<\/p>\n

Since mid-June, IR had sent out 16,500 notices about planned bank deductions \u2014 a 25% increase on all of last year.<\/p>\n

In the same period, it had recovered $17 million from 8181 completed deductions.<\/p>\n

Entities must register for GST if they carry out a taxable activity and their turnover was at least $60,000 in the last 12 months, expected to be at least $60,000 in the next 12 months, or if they carry out a taxable activity and add GST to the price of goods and services sold.<\/p>\n

The morning’s headlines in 90 seconds, including the return of all living hostages from Gaza, Te P\u0101ti M\u0101ori hits back at a former ally, and a try scoring machine on his way to the Warriors. (Source: 1News)<\/p>\n","protected":false},"excerpt":{"rendered":"Inland Revenue (IR) says even people with relatively small tax debt could expect to receive a phone call…\n","protected":false},"author":2,"featured_media":76539,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[138,67,219,111,139,69,244],"class_list":{"0":"post-76538","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-crime-and-justice","10":"tag-economy","11":"tag-new-zealand","12":"tag-newzealand","13":"tag-nz","14":"tag-personal-finance"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/76538","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=76538"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/76538\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/76539"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=76538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=76538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=76538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}