Action on tax arrears
By
PATTRICK SMELLIE
The tax department is getting heavy with people who know they owe tax and have not paid up. The Minister of Finance, Mr Caygill, announced in last evening’s Budget that a IM-member team has been established by the Inland Revenue Department to chase up taxpayers who are in arrears. Outside debt collection agents will be used in the crackdown, which seeks to
gather $5O million of the $735 million tax in arrears. The new unit started this week. The $735 million outstanding was about 3.8 per cent of all tax paid last year. “Delays in receiving revenue impose extra costs on the Government, which result in taxes over all being higher than they need to be,” said Mr Caygill. “That is not fair, especially for those taxpayers who meet their obligations on time,” said Mr Caygill.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19890728.2.12.31
Bibliographic details
Press, 28 July 1989, Page 5
Word Count
143Action on tax arrears Press, 28 July 1989, Page 5
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in