New Zealand Inland Revenue

04/23/2024 | Press release | Distributed by Public on 04/23/2024 17:02

Customers with overdue debt

24 April 2024

During the last few years our focus was on supporting businesses through COVID-19 recovery. We now want customers with outstanding compliance obligations to engage with us.

Over the coming months we will visit businesses with significant outstanding tax debt. These customers have not engaged with us, despite more than 1 reminder and warning notices.

We have a range of options to help customers who are struggling with debt. However, they need to talk with us so that we can understand their circumstances and work with them.

If customers do not engage with us and carry on ignoring their obligations, we may need to take stronger action. This action will include debt enforcement and or insolvency proceedings.

If you have clients with overdue tax debt which is not under arrangement, please strongly encourage them to talk with us as soon as possible. We are here to help.