How likely is an IRD investigation?
Because of the random nature of IRD investigations, it is impossible to predict your risk. IRD audits are part of the way to maintain the integrity of the tax system. The Self Assessment regime gives the Inland Revenue sweeping powers to investigate the tax affairs of all businesses and individuals. And whilst you never hear that the IRD has targets or budgets, you also never hear that the Police have to issue a certain number of traffic infringements.
