Information is core to Inland Revenue’s ability to collect revenue and pay entitlements for the Government. Inland Revenue’s information collection powers generally work well and the existing standard for collection will remain. This gives continued assurance that Inland Revenue will only use its information-collection powers to obtain information that is needed.
The focus of this consultation is managing access to large third-party datasets, in particular where repeated or regular access to the data is considered necessary or relevant. Comment is also sought on clarifying that Inland Revenue can use information collection for one particular function, for any of Inland Revenue’s other functions.
Greater detail can be found in Chapter 3 of the full discussion document Making Tax Simpler: Proposals for modernising the Tax Administration Act.