Overseas based borrowers penalties

Craig Ryan made this Official Information request to Minister of Revenue

The request was partially successful.

From: Craig Ryan

Dear Minister of Revenue,

I would like to know the total amount of penalty interest that has being created and gathered by Inland Revenue for overseas based borrowers since the loan scheme was enacted up until the present.

Also is there any evidence that the penalties overburden and prolong repayment of overseas based borrowers.

How much is the largest outstanding overdue debt including and the breakdown of those penalties for an individual overseas based borrower.

Yours faithfully,

Craig Ryan

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From: Rachel Clarke
Minister of Revenue

Dear Mr Ryan

 

On behalf of Hon Todd McClay, Minister of Revenue, thank you for your
email of  11 October 2013. You have requested, under the Official
Information Act 1982, information regarding:

 

The total amount of penalty interest that has being created and gathered
by Inland Revenue for overseas based borrowers since the loan scheme was
enacted up until the present.
    
Is there any evidence that the penalties overburden and prolong repayment
of overseas based borrowers?
    
How much is the largest outstanding overdue debt including and the
breakdown of those penalties for an individual overseas based borrower?

The information you are requesting is held by Inland Revenue. I have
therefore transferred your request, under section 14 of the Official
Information Act 1982, to the Commissioner of Inland Revenue for her
officials’ consideration and direct reply.

 

 

Kind regards

 

Rachel Clarke

Private Secretary (Revenue)

Phone 04 817 9920

Fax 04 817 6530

 

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From: Commissioners Correspondence


Attachment C Ryan OIA ack.docx
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Good afternoon Mr Ryan,

On behalf of Tony Donoghue, Manager Commissioner's correspondence, please
find attached an acknowledgement of your email of 11 October 2013.

Thank you
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Consider the environment before deciding to print: avoid printing if you
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From: Commissioners Correspondence

Dear Mr Ryan,

 

We are currently considering your Official Information Act request,
received by Inland Revenue on 14 October 2013. Before we can provide an
answer to your first question, we need to clarify it with you. Please
provide us with a contact telephone number so that we can call you to
discuss this question. You can email this phone number to
[1][email address].

 

Thank you.

 

 

Tony Donoghue

Manager, Commissioner's Correspondence

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have received this email or any attachment in error, please delete the
email / attachment, and notify the sender. Please do not copy, disclose or
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References

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From: Commissioners Correspondence


Attachment Response to Mr Ryan.pdf
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Dear Mr Ryan,

 

Please find attached a response to your Official Information Act request
regarding overseas-based student loan borrowers. This request
was transferred from the Minister of Revenue to Inland Revenue, and we
received it on 14 October 2013.

 

Thank you.

This email and any attachment may contain confidential information. If you
have received this email or any attachment in error, please delete the
email / attachment, and notify the sender. Please do not copy, disclose or
use the email, any attachment, or any information contained in them.
Consider the environment before deciding to print: avoid printing if you
can, or consider printing double-sided. Visit us online at ird.govt.nz

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Things to do with this request

Anyone:
Minister of Revenue only: