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Secret economy collapse: IRD targets hospitality operators in battle against undeclared cash payments



Domestic Revenue has exerted pressure on cash payments to the hospitality industry and is preparing to host unannounced visits to businesses.

As part of renewed efforts to resolve New Zealand's “hidden economy vergi, the tax office estimated at close to $ 1 billion includes cafes, restaurants, bars and takeaway operators, bakery and liquor shops reporting cash sales and paying staff. aims under the table.

In recent years, IRD has focused its efforts largely on the trade and construction sectors, where jobs are more widespread.

Although the IRD did not put a figure


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