Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Customs audits recover $38 million

Hon Nicky Wagner

Minister of Customs

18 July 2014 Media Statement
Customs audits recover $38 million

Customs Minister Nicky Wagner says $38 million in additional revenue has been collected by Customs in the past financial year following risk-based audits of import and excise entries.

Customs’ trade assurance arm works to verify that import and export entry data is accurate and to ensure correct revenue is collected. It has an annual target of collecting $15 million in short paid revenue.

“The results from the past year show the systems Customs has in place are working very well.

“Conducting these audits is vital as Customs collects $11.7 billion dollars in revenue for the government through duties on imported goods, and excise duty on fuel, tobacco and alcohol products,” Ms Wagner says.

Customs aims to make compliance easy to achieve and hard to avoid, and works closely with traders to encourage voluntary compliance.

“Findings from the audits also shows the quality of data submitted by importers and exporters significantly improved when compared to the previous year, showing Customs initiatives to make it easier to submit data, and improve data integrity are paying off,” Ms Wagner says.

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell:
On Anne Tolley’s
Callous Folly

Years ago, I remember someone in the Heath Ministry telling me off the record that regulatory oversight in this country largely consisted in ‘waiting for something to turn green or fall off somebody’ before the authorities would swing into action...

Last week’s conflict between Social Development Minister Anne Tolley and District Court judge Carolyn Henwood illustrated quite a few of the flaws in the system. More>>

 

Members’ Bills: Greens' Domestic Violence And Loans Bills Pulled From Ballot

Jan Logie’s Domestic Violence-Victims' Protection Bill introduces workplace protections for victims of domestic violence, including allowing victims to request paid domestic violence leave for up to 10 days... Gareth Hughes’ Bill allows Kiwis with student loans to defer their student loan repayments into a first home savings scheme. More>>

ALSO:

IPCA: Police Did Not 'Deliberately' Use Pepper Spray On 10-Year-Old

"When spraying the man, the officer did not properly consider the necessity of using pepper spray in a confined space, the likelihood that it would affect the other innocent passengers or the fact that he was using a more powerful spray." More>>

ALSO:

Donor Bill Passes: Full Income Compensation For Live Organ Donors

Unanimous cross-party support for the Compensation for Live Organ Donors Bill represents a critical step in reducing the burgeoning waiting list for kidney donations, according to Kidney Health New Zealand chief executive Max Reid. More>>

ALSO:

Earthquake Response: Emergency Legislation Prepared

Three new Bills have been drafted in the wake of the magnitude 7.8 earthquake on November 14 to ensure the government can enable affected communities to respond quickly and efficiently. More>>

ALSO:

Housing MPs: New Building(s) For Parliament

A new building will be erected on Parliament grounds to house Members of Parliament and their staff who currently work in leased accommodation in Bowen House. The plan has cross-Party support, apart from NZ First, said Parliament’s Speaker, Rt Hon David Carter. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news