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IRD & TaxDon’t always believe what you hear
Recently, in Budget 2024, Inland Revenue (IR) was allocated $116m to tackle tax debt and compliance. The latter focus areas, for at least the 2024 – 2025 financial year, will be:
the hidden economy and organised crime;
electronic sales suppression tools;
GST integrity;
student loan overseas-based borrowers; and,
increased audit activity.
Personally, the last of these five focus areas [...]
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