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)
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—Norman Douglas (1868–1952)