[IN CONFIDENCE RELEASE EXTERNAL]
13 July 2022
Gareth
[email address]
Dear Gareth
Thank you for your request made under the Official Information Act 1982 (OIA), received
on 14 June 2022. You requested the following:
The total amount budgeted and spent in each financial year relevant for advertising
consultation or information awareness regarding the new interest limitation rules and
how they may affect how landlords calculate deductions for interest expenses in tax
returns.
What percentage of total annual advertising conducted by IRD is on this particular
issue?
Interest deduction limitations
The specific amount budgeted for advertising costs or information awareness for the
interest limitation rules is not available as it cannot be separately identified. Therefore, I
have decided to refuse this part of your request under section 18(e) as this information
does not exist.
Advertising on the interest limitation rules only began in the 2021/22 financial year ending
30 June 2022. The total amount spent for this year, relevant to advertising consultation
or information awareness on the interest limitation rules, was $99,441. This made up 8%
of Inland Revenue’s total advertising for the financial year ending 30 June 2022.
Right of Review
If you disagree with my decision on your OIA request, you can ask an Inland Revenue
review officer to review my decision. To ask for an internal review, please email the
Commissioner of Inland Revenue at:
[email address]. Alternatively, under section 28(3) of the OIA, you have the right to ask the Ombudsman
to investigate and review my decision. You can contact the office of the Ombudsman by
email at:
[email address]. Choosing the internal right of review does not preclude requesters from subsequently
seeking a review by the Ombudsman.
Publishing of OIA response
Please note that Inland Revenue regularly publishes responses to requests that may be of
interest to the wider public on its website. We consider this response is of public interest
so will publish this response in due course. Your personal details or any information that
would identify you will be removed prior to it being published.
Thank you for your request.
Yours sincerely
Andrew Pillay
Acting Service Leader, Marketing and Communications
www.ird.govt.nz
Ref: 22OIA2013