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25 Dec 2025 5:02
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  •   Home > News > Politics

    Inland Revenue is playing catch up, with businesses that aren't paying their tax

    Inland Revenue is playing catch up, with businesses that aren't paying their tax


    The number of IRD-driven liquidations has spiked -- after falling to nearly zero for most of last year.

    There were 56 liquidations last month -- double the normal number of February.

    Tax consultant Terry Baucher says that spike will continue.

    He says Inland Revenue is shaking the tree and weeding out those who are beyond saving.

    © 2025 Newstalk ZB, NZCity

     Other Politics News
     24 Dec: 'Fake' letter and 'false claims' among latest Epstein files, US Justice Department says
     24 Dec: Scepticism about a free trade agreement with India, less than a year out from the election
     24 Dec: NSW parliament passes tougher laws on guns and protests after Bondi Beach attack
     24 Dec: An Auckland community development organisation says it is being forced to do more with less
     23 Dec: Helping to vote through a new India trade deal could be in Labour's best interests in an election year
     23 Dec: Te Pati Maori's expressed dismay about a perceived lack of inclusion of Te Tiriti o Waitangi in a new trade deal with India
     23 Dec: Labour's suggesting the Free Trade Agreement with India was a rushed job
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    BUSINESS BUSINESS
    Disappointment for retailers this Christmas Eve - as shoppers appear to be feeling the pinch More...



     Today's News

    Law and Order:
    Three people will appear in Youth Court in the coming days after an aggravated robbery in Hamilton yesterday morning involving a stolen vehicle 4:57

    Entertainment:
    Jennifer Lawrence is "so good at letting go at the end of the day" 21:50

    Entertainment:
    Young Thug and Mariah the Scientist are officially engaged after a surprise proposal in their hometown of Atlanta 21:20

    Accident and Emergency:
    State Highway One through Northland's Waipu is blocked following a crash - leaving 5 people injured, one seriously  21:17

    Entertainment:
    Selena Gomez has revealed the melasma on her face has been mistaken for moustache 20:50

    Entertainment:
    Reba McEntire has paid tribute to her late stepson, Brandon Blackstock, on what would have been his 49th birthday 20:20

    Entertainment:
    Keira Knightley will eat "something disgusting" to give herself bad breath if she has to kiss co-star she "hates" 19:50

    Entertainment:
    Gwyneth Paltrow's son Moses covered his eyes during his mother's raunchy sex scenes in Marty Supreme 19:20

    Motoring:
    Four-time Formula One world drivers champion Max Verstappen has revealed he won't carry any scars from this season 18:57

    Entertainment:
    Macaulay Culkin has become "a suburban dad who wears Crocs" 18:50


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