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Our Annual Report for 2024–25

Statement of Responsibility by the Commissioner of Inland Revenue Te Tari Taake

I am responsible, as Chief Executive of Inland Revenue Te Tari Taake, for: 

  • the preparation of Inland Revenue’s financial statements, and statements of expenses and capital expenditure and for the judgements expressed in them
  • having in place a system of internal controls designed to provide reasonable assurance as to the integrity and reliability of financial reporting
  • ensuring that end-of-year performance information on each appropriation administered by Inland Revenue is provided in accordance with sections 19A to 19C of the Public Finance Act 1989, whether or not that information is included in this Annual Report, and 
  • the accuracy of any end-of-year performance information prepared by Inland Revenue, whether or not that information is included in this Annual Report.

In my opinion: 

  • the Annual Report fairly reflects the operations, progress and organisational health and capability of Inland Revenue
  • the financial statements fairly reflect the financial position of Inland Revenue as at 30 June 2025 and its operations for the year ended on that date, and 
  • the forecast financial statements fairly reflect the forecast financial position of Inland Revenue as at 30 June 2026 and its operations for the year ending on that date.
Peter Mersi
Chief Executive and Commissioner of Inland Revenue Te Tari Taake

30 September 2025

Thank you for reading our 2024–25 annual report—we’ve changed how it’s structured

This year’s report outlines our performance under a new structure.

First, the Commissioner of Inland Revenue Te Tari Taake (IR) provides an introduction to our activities and achievements this year and where we’re headed, and we summarise our organisation, customers and key results.

The next section outlines progress on our strategic intentions, the medium-to-long-term difference we’re making for New Zealand.

We report on how we have implemented Government priorities.

You can then read an assessment of our operations for this year and efforts to be more effective and efficient in the services we deliver to customers.

Following that, we summarise our performance in meeting specific output service targets. We explain where we’ve exceeded a target by a significant degree or why we have not achieved it.

Last updated: 19 Nov 2025
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