EPISODE · Oct 30, 2025 · 27 MIN
EP 534 - NZ's Debt To IRD Hits $10 Billion: Here's What's Coming
from The #WhatsNext Podcast · host nextAdvisory
Looking for help with your accounting to create clarity & better decisions? Go to https://nextadvisory.nzIRD debt has exploded from $4 billion to over $10 billion in just 5 years. Now they're getting serious about collecting it.Phil breaks down what's really happening, the new collection powers IRD are using, why 500,000+ Kiwis owe money, and how penalties are racking up faster than people can pay them back. Plus the reality check every business owner needs to hear.Don't bury your head in the sand. The money you owe belongs to other taxpayers, not you, it's time to get compliant before they make the decision for you.If you're interested in working together in other ways:Visit our website https://nextadvisory.nzLet's connect over a quick call: https://calendly.com/philsmith/Instagram: https://www.instagram.com/nextadvisory.nz/
What this episode covers
Looking for help with your accounting to create clarity & better decisions? Go to https://nextadvisory.nzIRD debt has exploded from $4 billion to over $10 billion in just 5 years. Now they're getting serious about collecting it.Phil breaks down what's really happening, the new collection powers IRD are using, why 500,000+ Kiwis owe money, and how penalties are racking up faster than people can pay them back. Plus the reality check every business owner needs to hear.Don't bury your head in the sand. The money you owe belongs to other taxpayers, not you, it's time to get compliant before they make the decision for you.If you're interested in working together in other ways:Visit our website https://nextadvisory.nzLet's connect over a quick call: https://calendly.com/philsmith/Instagram: https://www.instagram.com/nextadvisory.nz/
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EP 534 - NZ's Debt To IRD Hits $10 Billion: Here's What's Coming
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