
Our team at Tax Debt Management provides expertise with wide range of issues relating to individuals and businesses tax debt. This includes helping individuals with lodging an IRD Hardship Write-Off Application.
We have extensive experience with the application process and the application requirements.
If your tax debt has reached a point where it simply cannot be repaid, you may qualify for a hardship write-off with Inland Revenue. This is one of the most difficult outcomes to achieve, but when structured correctly, it can significantly reduce or eliminate your debt.
We build a strong, evidence-based case to support a write-off under the Tax Administration Act 1994 (care and management provisions):
A hardship write-off may be considered where:
In these cases, Inland Revenue may exercise its discretion under the ‘care and management’ provisions to accept a reduced settlement or write off part of the debt, where doing so represents the highest net return practicable.
Inland Revenue does not grant tax write-offs lightly.
Each application is carefully assessed against its internal policies and legislative framework. To maximise the chances of approval, your application must clearly detail:
As part of your IRD Hardship Write-Off application, when making their decision, Inland Revenue will also consider:
A well-prepared application that directly addresses these factors significantly increases the likelihood of achieving a favourable outcome. This may include a part or full agreement to reduce your outstanding tax debt amount.
