IRD chasing billions in overdue taxes
Update: 2025-10-16
Description
Inland Revenue has got millions of extra funding in recent years, which is helping it get tax debt under control as well as cracking down on anyone who's dodging their responsibilities. That's seen Baycorp used to chase tax debt, student loan debtors facing arrest at the airport and money being taken from bank accounts at a much faster rate. Some experts say it's a big shift in approach but also a necessary one. Money correspondent Susan Edmunds explains.
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