IRD and Student Loan Debt, New Zealand
  • Home
  • Testimonials
  • Options
  • Planning
  • Blog
  • About
  • Contact

IRD finds 57,000 Australian resident student loan debtors

16/12/2016

1 Comment

 
The IRD recently announced that it has tracked down an additional 57,000 Australian resident student loan debtors, whose whereabouts were previously unknown. The IRD's new ability to find Australian resident debtors stems from its information sharing agreement with the Australian Tax Office.

​We provide unbiased, independent advice about options and we can assist with IRD negotiations or bankruptcy. Please contact us if you need help.
1 Comment
clayton baxter
8/2/2017 12:10:18 pm

As one of these so called debtors my life has been turned upside down in 24 hours. I left NZ in 1998 under the impression my student loan had been completed. The loan was for 5.5 k initially, repayments totalling 4600 have been accepted as made by IRD. The rub, only now have I discovered that my then employer either failed to forward deductions to IRD from August 1997 to June 1998, or that the IRD have somehow screwed their records up. This has resulted in over 10k of penaltys being added.
The rub, since my then employer is under no obligation to maintain records that far back (I'm hoping for a miracle), and IRD refuse to process tax returns more than 10 years old, and admit they may not have coimplete records I am being told that I will almost certainly be hounded for this tridiculous debt.

Reply

Your comment will be posted after it is approved.


Leave a Reply.

    Archive

    November 2020
    September 2020
    August 2020
    July 2020
    May 2020
    April 2020
    January 2020
    December 2019
    November 2019
    October 2019
    June 2019
    May 2019
    March 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    September 2017
    July 2017
    May 2017
    April 2017
    March 2017
    February 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    June 2016
    April 2016
    January 2016
    November 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    December 2013
    September 2013
    August 2013
    July 2013
    June 2013

 ______________________________________________
© Tax Debt Limited.  Email:  help@taxdebt.org.nz