Draft public guidance on voluntary disclosures available for comment
03.12pm 07 August 2023
Customs periodically issues public interpretive guidance as part of our administration of the Customs and Excise Act 2018. The purpose of the guidance is to educate and inform stakeholders how Customs interprets and applies certain parts of the Act.
Customs is currently consulting on a draft guidance document on how it interprets and applies the term ‘voluntary disclosure’. Whether a person has made a voluntary disclosure may affect (for example) whether they are liable to an administrative penalty or can pay compensatory interest at a reduced rate.
Customs is currently consulting on a draft guidance document on how it interprets and applies the term ‘voluntary disclosure’. Whether a person has made a voluntary disclosure may affect (for example) whether they are liable to an administrative penalty or can pay compensatory interest at a reduced rate.
If you would like to give feedback on the draft guidance please email your comments to Customs Legal via PublicConsultation@customs.govt.nz before 24 August 2023.