Do You Have Outstanding IRD Debt?
IRD is currently focusing on contacting businesses with outstanding debt. They have advised Tax Agents to review client debt and make sure that business owners have been in contact with the IRD to either arrange a payment plan or another payment solution.
If you have outstanding debt, we strongly advise you to address your debt before IRD gets in touch with you. In our experience, IRD is more helpful if we get in contact with them first and explain the situation, rather than them having to follow up.
There are several options available for paying off your debt, i.e., payment plans, credit card, online banking, or over the counter at your local bank – just to name a few.
- If you have overdue tax payments and find it difficult to put money aside each month to cover this cost when it’s due, we can help you set up a payment plan that allows you to pay IRD on a more regular basis, so you don’t get caught out.
- It is highly recommended to prepare a budget each financial year so you can keep track of how your financials are tracking and put a plan in place that you can stick to.
If you are a bit behind in your tax payments, we are here to help. The worst thing you can do is bury your head in the sand and not address the issue.
Don’t Ignore Your Tax Debt!
Avoid the stress and potential penalties of unpaid taxes by addressing your debt head-on. We are here to provide advice, support, and practical solutions to help you navigate your financial obligations.
Contact Us Today
Reach out to us for assistance with setting up a payment plan or any other tax-related concerns. The worst thing you can do is ignore the problem – we’re here to help you take control and find a way forward.
Call us at 07 548 2667 or visit email info@omokoroaaccounting.co.nz to get started.
