Inland Revenue turns as tax debt rises – New Zealand Herald | Vette Leader

Inland Revenue says it is transitioning its Covid response from support to compliance. Photo / NZME

The economic turmoil of the Covid pandemic has meant the number of people defaulting on their taxes has skyrocketed, sparking criticism from the opposition and tax advisers that the tax agency has been too slow to to refocus

Installment agreements to manage overdue taxes, which were hit hardest in 2021 as societies and economies braced for the then-unknown economic impact of the pandemic, were paid on time 90.7 percent of the time, IRD said.

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