Performance 2010-2011
Inland Revenue collects over 80% of core Crown revenue.
In the year ended 30 June 2011, Inland Revenue:
- collected $46.8 billion in tax;
- answered 5.47 million customer contacts;
- collected $1,566 million in overdue debt;
- identified $1,450 million in discrepancies through audit activity;
- distributed $2,911 million in KiwiSaver funds to scheme providers;
- distributed $2,746 million in Working for Families Tax Credits;
- distributed $412 million in child support payments;
- received $691 million in student loan repayments.
Read more about this topic: Inland Revenue Department (New Zealand)
Famous quotes containing the word performance:
“O world, world! thus is the poor agent despised. O traitors and bawds, how earnestly are you set a-work, and how ill requited! Why should our endeavour be so loved, and the performance so loathed?”
—William Shakespeare (1564–1616)