Quick Overview
IRD is trialling a faster process to report large unpaid tax debts to Centrix.
Selected businesses with significant GST, PAYE or income tax arrears will get a "Notice of Intent" in their myIRD account on the same day a couriered notice goes to the company’s registered office.
You’ll have 30 days from the delivery date to act (pay in full or set up an instalment plan) to avoid being reported.
Sending routine overdue reminders and offering repayment options now counts as IRD having made “reasonable efforts” to collect the debt.
A formal notice to the company (registered office/myIRD) is enough — IRD won’t need to notify each director separately.
Who Might Be Affected
Debts over $150,000, or
Debts unpaid for one year that are 30% or more of the company’s assessable income.
What We Recommend:
Check that your company details and authorised users in myIRD are up to date.
Keep an eye on myIRD and your company mail so you don’t miss notices.
If you’re concerned about arrears, contact Inland Revenue straight away to set up a payment plan before any 30-day window closes.
Speak with your accountant or tax adviser about options — we can help you review cashflow and organise a workable plan.
