Inland Revenue Department (New Zealand)
|Headquarters||12-22 Hawkestone Street
|Annual budget||$6,772.1 million (2014-15)|
|Minister responsible||Todd McClay, Minister of Revenue|
|Agency executive||Naomi Ferguson, Chief Executive / Commissioner|
Inland Revenue (IRD; Former Known Name: Inland Revenue Department) (Māori: 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 (over 80% of the Crown revenue in New Zealand).
The Department administers the following social support programmes - Working for Families (tax credits), Paid Parental Leave (payment), Child Support (collection and payment), Student Loan debt (collection), and KiwiSaver.
Inland Revenue employs over 5,500 full-time equivalent staff in 17 cities and towns across New Zealand.
The Department's Māori name, Te Tari Taake, is an older spelling of Te Tari Tāke, meaning The Department [of] Tax. Despite long vowels in Māori now being expressed with macrons over the vowel rather than double vowels, the Department continues to use the double vowel due to the uncanny resemblance of the word tāke to the English word take.
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.
Acts and Regulations administered
The major pieces of legislation administered by Inland Revenue are:
- 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.
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.
- "Total Appropriations for Each Vote -- Budget 2014". New Zealand Treasury. Retrieved 10 January 2015.
- Goldsmith, Paul (13 July 2012). "Taxes - Tax, ideology and international comparisons". Te Ara - the Encyclopedia of New Zealand. Retrieved 14 June 2013.
- "Legislation and regulations (Who we are)". Retrieved 2011-09-06.
- "Nature and scope of IR functions from Statement of Intent 2011-14". Retrieved 2011-09-06.
- "Inland Revenue 2011 Annual Report". Retrieved 2011-10-31.
- Official website
- Policy Advice Division of Inland Revenue
- What's Tax? - New Zealand government website on tax