Peter Williams Hosts Taxpayer Talk: Andrew Bayly MP on the IRD’s new powers

In this edition of Taxpayer Talk, Peter Williams’s guest is National Party MP and Revenue Spokesperson, Andrew Bayly. Peter and Andrew sit down to discuss the Inland Revenue Department's new powers to request information from individuals. In 2020, while all the attention was focused on the new 39% top tax rate, another clause was added into the Tax Administration Act 1994 that gives the IRD Commissioner the power to demand any information from individuals that they consider relevant for a p...