Inland Revenue’s overall approach to compliance is to make it easy to get it right, make it hard to get it wrong and make it costly for the few who deliberately try to avoid their obligations.
For the year to 30 June 2025, we are increasing our enforcement activity, especially audits, after a period of lower than usual activity (largely due to the COVID-19 period and associated work). We are also making greater use of our large data store (and related insights) to tailor our compliance interventions to major high-risk sectors – particularly the hidden economy, property speculators and developers, and multinational enterprises.
We are also focusing on reducing systemic risks arising from:
Crypto-asset activities,
The use of electronic sales suppression tools,
Organised crime,
Offshore investment assets, and
Corporate restructures.
The collection of high-value outstanding returns and high-risk debt in all products are also top priorities.
