What happens when you get behind on tax

About this episode

Catriona Knapp discusses the implications of overdue tax and the importance of addressing tax obligations promptly.

New Zealanders owe 9.5billion dollars in overdue tax, with small business owners and the self-employed most likely to get behind. Director of Future Focused Accountants, Catriona Knapp, joins Nadine to explain what can go wrong if you don't get on top of your tax obligations and why it's better to face the debt head-on than bury your head in the sand.  With the IRD cracking down on collecting overdue tax, now is the time to school up on what you need to know to avoid a knock on your door from the taxman.  See omnystudio.com/listener for privacy information.

People in this episode

Host: Nadine

Guest: Catriona Knapp

Topics covered

• tax obligations
• overdue tax
• small business
• self-employed
• debt management
• tax collection

Keywords

• overdue tax
• New Zealand tax
• small business tax
• self-employed tax
• tax obligations
• debt management
• IRD

Mentioned in this episode

Organizations: Future Focused Accountants, IRD

Places: New Zealand

More episodes of The Prosperity Project

• The forgotten pension money Kiwis are leaving behind · June 7, 2026 · 29 min
• The crypto tax problem nobody warned you about · May 31, 2026 · 25 min
• Negotiation tactics that actually work · May 24, 2026 · 33 min
• The mortgage traps costing Kiwis thousands · May 10, 2026 · 31 min
• If your money could talk to you, what would it say? · May 3, 2026 · 33 min
• The risk in helping your kids financially · April 26, 2026 · 33 min