Inland Revenue Department (New Zealand)

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Inland Revenue (IRD; former known name: Inland Revenue Department) (M?ori: Te Tari Taake) is the public service department of New Zealand charged with advising the government on tax policy, collecting and disbursing payments for social support programmes, and collecting tax.

The Department's M?ori name, Te Tari Taake, is an older spelling of Te Tari T?ke, meaning The Department [of] Tax. Despite long vowels in M?ori now being expressed with macrons over the vowel rather than double vowels, the Department continues to use the double vowel due to the resemblance of the word t?ke to the English word take.

Video Inland Revenue Department (New Zealand)

History

Inland Revenue started out as the Land Tax Department in 1878. The Department was renamed the Land and Income Tax Department in 1892 with the central office set up in Wellington.

Only in 1952, when the organisation joined with the Stamp Duties Department, was the organisation known as the Inland Revenue Department.

In 1995, a Rewrite Advisory Panel was established to consider and advise on issues arising during the rewriting of the income tax legislation, as part of New Zealand tax reform arising from the Working Party on the Reorganisation of the Income Tax Act 1976. The panel was disestablished in 2014 at the completion of the tax reform.

Maps Inland Revenue Department (New Zealand)

Service delivery

In 2015-16, Inland Revenue collected $63.4 billion in tax revenue, which was more than 80% of the money the government used to pay for services that all New Zealanders benefited from, including social security and welfare, health and education. Other services included law and order, housing and community development, environmental protection, defence, transport, and heritage, culture and recreation.

The Department also administers the following social support programmes:

• Working for Families (tax credits)
• Paid Parental Leave (payment)
• Child Support (collection and payment)
• Student Loan debt (collection)
• KiwiSaver

Acts and regulations administered

Legislation administered by the Inland Revenue Department includes:

• Child Support Act 1991
• Estate and Gift Duties Act 1968
• Gaming Duties Act 1971
• Goods and Services Tax Act 1985
• Income Tax Act 2007
• Stamp and Cheque Duties Act 1971
• Student Loan Scheme Act 1992
• Tax Administration Act 1994
• Taxation Review Authorities Act 1994
• Unclaimed Money Act 1971
• parts of the KiwiSaver Act 2006
• parts of the Parental Leave and Employment Protection (Paid Parental Leave) Act 1987

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Criticisms

Inland Revenue has been criticised for what are seen as heavy handed tactics when forcing payment from debtors, specifically those owing tax arrears and child support payments, and for charging excessive penalties on debts which result in debtors falling into a cycle whereby they are unable to pay the growing amounts they owe. The approach of Inland Revenue has been implicated in a number of suicides and other acts of self-harm.

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List of Ministers

The Minister of Revenue is the political office of Minister for the department of Inland Revenue. Since October 2017, the position has been held by Stuart Nash.

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See also

• Taxation in New Zealand
• KiwiSaver
• Working for Families

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References

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External links

• Official website
• Policy Advice Division of Inland Revenue
• What's Tax? - New Zealand government website on tax

Source of article : Wikipedia