Compliance focus 2009-10: Introduction
Contributing to a successful New Zealand
Inland Revenue plays a key role in improving the economic and social wellbeing of New Zealanders.
We collect taxes and administer social support programmes for the New Zealand government to ensure:
- revenue is available to fund government programmes through people meeting payment obligations of their own accord
- people receive payments they are entitled to, enabling them to participate in society.
In 2007–08 we collected a total $51.2 billion in tax (compared to $48.6 billion for 2006–07).
2007-08 tax revenue by tax type
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Revenue collected through taxes funds the vital services the community wants from Government and other infrastructure. If some people do not pay, the burden of ensuring we continue to benefit from these services falls on those who do pay.
The tax revenue we collected represented 87% of the core Crown revenue the Government used to pay for its programmes and services.
Government spending for 2008-09
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Tax remains our core function, but over the years our focus has widened to include the administration of a number of social support programmes. In 2007–08 we:
- distributed $1.9 billion in working for families tax credits
- distributed $1 billion in KiwiSaver funds to scheme providers
- received $550 million in student loan repayments
- collected $367 million in child support payments
- distributed $134 million paid parental leave.
Date published: 09 Jun 2009
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