What is the role of the Inland Revenue Department (IRD)?

The role of the Inland Revenue Department, commonly referred to as IRD, is essential to the functioning of New Zealand's tax system. This department is responsible for collecting and managing taxes, ensuring that the revenue necessary for public services and infrastructure is collected in a fair and efficient manner. IRD administers various tax types including income tax, goods and services tax (GST), and other levies that contribute to government funding. In addition to tax collection, the IRD provides guidance and support to taxpayers, helping them understand their obligations and rights. Through their resources, individuals and businesses can access necessary information to comply with tax laws, file returns accurately, and resolve any issues that may arise. The IRD also plays a key role in enforcement, ensuring that tax laws are upheld and that any non-compliance is addressed appropriately. Furthermore, it engages in policy development, advising the government on tax policies that promote economic growth and fairness within the tax system. For more details on the specific functions, services, and assistance options available, it may be beneficial to visit the official IRD website.