Bursting bubbles aren't new.
A couple of friends of ours will be squirming that the IRD is taking an interest in their income over the last few years.
"100k pre tax" sounds slightly less appealing than "100k tax free" especially so if you've been using it to live on and pay for those trips to everywhere.
Assuming Kate meant IRD's 'soon' rather than her own, she, as always, got it right back on Saturday, June 23, 2007 saying "Expect an audit anytime soon. The IRD do read the papers."
The IRD I suspect will take Kate's "the law here is not open really to much interpretation " line as opposed to Rodney's "It would be very helpful if parliament would provide clearer rules so that people knew where they stood."
I'll be interested to see how much the IRD allows for value added by hard work and initiative. Chippies labourers/project managers are paid very well I hear.
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