Inland Revenue (IR) has outlined how it will be using the $29 million allocated for compliance in this year’s Budget, targeting those people who - due to challenging circumstances or a deliberate decision - have not met their tax obligations.

An Auckland woman who tried to get nearly $60,000 in COVID relief money was sentenced to 11 months home detention when she appeared for sentence this month.

Inland Revenue is honing in on customers who are actively dealing in cryptoassets but not declaring income from them in their tax returns.