The Inland Revenue Department has launched some new steps in bringing down tax debt - with one scheme linked to a key credit agency.

Following a successful pilot, the IRD will report more recalcitrant tax debtors to credit reporting agency Centrix.

Centrix Group Managing Director Keith McLaughlin says this scheme is designed to bring down company debt at this stage, not personal debt.

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The Inland Revenue Department has launched some new steps in bringing down tax debt - with one scheme linked to a key credit agency.
Following a successful pilot, the IRD will report more recalcitrant tax debtors to credit reporting agency Centrix.
Centrix Group Managing Director Keith McLaughlin says this scheme is designed to bring down company debt at this stage, not personal debt.
LISTEN ABOVE

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Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

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Keith McLaughlin: Centrix Group Managing Director on the IRD's planned crackdown on stubborn debtors

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/745acc27-bc73-4f2f-9187-b3a200608dd3/transcript