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Tony Morris: Inland Revenue spokesperson on the horticulture sector not paying enough tax

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Manage episode 489415779 series 2098282
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

The Inland Revenue Department has unveiled the horticulture sector hasn't paid their fair share of taxes.

Over the last 10 months, the IRD has found $45 million dollars of undeclared tax - and almost 100 audits are in the works now, within the sector.

Inland Revenue spokesperson Tony Morris says the department is seeing people being paid under the table, undeclared cash sales and withholding tax going unrecorded or not being deducted correctly

"It's quite a complex industry - if there's payments going through with cash or what else, it's easy to get lost or for things to happen intentionally, where it's hard to track the money."

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9826 episodes

Artwork
iconShare
 
Manage episode 489415779 series 2098282
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

The Inland Revenue Department has unveiled the horticulture sector hasn't paid their fair share of taxes.

Over the last 10 months, the IRD has found $45 million dollars of undeclared tax - and almost 100 audits are in the works now, within the sector.

Inland Revenue spokesperson Tony Morris says the department is seeing people being paid under the table, undeclared cash sales and withholding tax going unrecorded or not being deducted correctly

"It's quite a complex industry - if there's payments going through with cash or what else, it's easy to get lost or for things to happen intentionally, where it's hard to track the money."

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

9826 episodes

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