2.2 C
Ottawa
Wednesday, November 5, 2025

New Zealand Tax Office Puts Record Number of Companies Into Liquidation

Date:

New Zealand Tax Office Puts Record Number of Companies Into Liquidation

A sign on a shop window indicates the store is closed. The Canadian Press/Adrian Wyld

Liquidations of New Zealand companies have increased significantly, despite positive lending trends and eased interest rates.

The latest Centrix Credit Indicator shows a year-on-year rise of 26 percent, driven by increased enforcement activity by the Inland Revenue Department (IRD).

Share post:

Subscribe

Popular

More like this
Related

Problems regulating emotions during pregnancy linked with perinatal depression new research

Around one in five mothers experience perinatal depression. This...

How Photos in Australia Became a Tool of Threat for a Family in China

A group of young Chinese men accused of taunting...

5 Percent Housing Scheme Under Scrutiny as Prices Jump at Fastest Rate in Over 2 Years

A house under construction stands in front of newly...