Tuesday Business: Inland Revenue asking wealthy New Zealander more about what they own

Publish Date
Tue, 9 Nov 2021, 12:49PM
(Photo / NZ Herald)
(Photo / NZ Herald)

Tuesday Business: Inland Revenue asking wealthy New Zealander more about what they own

Publish Date
Tue, 9 Nov 2021, 12:49PM

Inland Revenue has started writing to hundreds of New Zealanders it believes have a net worth of at least $20 million indicating it wants details of exactly what they own, and warned it will check the answers against those of their spouse.

New Zealand Herald Wellington Business editor Hamish Rutherford gives Nick Mills the inside word.