the podcast on
An increase in crackdowns has paid dividends for Inland Revenue.
It collected $600 million in extra taxes from 3,600 audits between July and December last year – 50% more audits than the same time period in 2023.
Half of the money came from fewer than 10 audits.
Deloitte Tax Partner Robyn Walker told Mike Hosking it shows the investment at the last budget was worth it, New Zealand getting $11 for every dollar invested.
She says because of a previous slowdown in audits there's probably a lot of fruit to pick.
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