Goods & Service Tax (GST) 30 July 2026
Unpaid Tax Hits $400m
Waikato businesses owe Inland Revenue more than $400m in unpaid tax, including about $140m in PAYE and $200m in GST, which is a significant amount of money that needs to be paid to the government, the figure highlights the financial struggles of many businesses in the region and the importance of tax compliance
Waikato businesses are facing a significant tax burden, with more than $400m in unpaid tax owed to Inland Revenue. The figure includes:
- $140m in PAYE (or schedular payments for contractors)
- $200m in GST (goods and services tax).
This amount highlights the financial struggles of many businesses in the region and the importance of tax compliance. Businesses are urged to review their tax obligations and make payments to avoid further penalties.
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