Behind with IRD? Take a breath.
Don't worry, we've got you. Tell us a little about your situation and our team will get straight onto it. HomeSec is a direct lender that helps New Zealand business owners clear tax debt and get back to running the business.
Prefer to talk it through? Call 09 888 6550. No judgement, just a plan.
You are not alone
A slow-paying customer, a big provisional tax bill, a rough quarter or a GST return that landed at the worst possible time. It happens far more often than most owners realise. Inland Revenue reported that 556,000 customers had tax debt at 31 March 2026, and that GST and employer obligations such as PAYE make up 57% of all overdue debt.
Owing IRD money does not make you a bad operator. What matters now is acting early, while you still have choices.
Why acting now matters
According to IRD's penalties and interest guide (IR240), a late payment penalty of 1% is charged the day after the due date, and a further 4% seven days later. Interest is charged on top. Unpaid PAYE attracts its own monthly penalty.
IRD is also collecting hard. In the nine months to 31 March 2026 it issued 1,525 statutory demands and took 605 companies into liquidation, according to its quarterly report on managing overdue tax debt.
Clearing the debt, or getting an agreed plan in place, stops the snowball and takes the pressure off your bank account, your staff and your sleep.
How HomeSec helps
How much you owe IRD, which taxes, any deadlines, and the New Zealand property you own. No formal valuation or cashflow records are needed to start.
Our lending team reviews your scenario and comes back to you quickly with what may be possible, and what we would need to see.
Once approved and the security and legal work are complete, funds can be available in as little as 24 hours. There can be up to six months with no scheduled payments while the business recovers.
A good fit when
Why owners choose us
Be ready with
Straight talk
We would rather you make the right call than the fastest one. IRD offers instalment arrangements for debt you cannot pay in full. If you keep to the agreed payments, IRD stops charging late payment penalties from the day the arrangement is set up, although interest still applies. IRD can also consider financial relief in some hardship situations.
A loan can make sense when you want IRD paid in full and off your back, when IRD will not agree to terms the business can meet, or when clearing the debt is part of a wider plan to stabilise cash flow.
Borrowing is not the answer if the business keeps losing money and the tax debt is a symptom of that. In that case, talk to your accountant or a licensed insolvency practitioner first. Property offered as security may be at risk if loan obligations are not met.
Want the full picture first? Read our guides on IRD tax debt options for a business and what to do after an IRD overdue-tax notice.
Common questions
Yes, it can be possible. HomeSec lends $20,000–$1,000,000 to New Zealand businesses for genuine business purposes, including clearing overdue GST, PAYE, provisional tax and income tax. The loan is secured by New Zealand real estate, and every application is assessed. Approval is never guaranteed.
Many banks treat IRD arrears as a red flag. HomeSec looks at the whole scenario instead: the amount owed, why it built up, the property offered as security and how the loan will be repaid or refinanced. Telling us about the tax debt upfront helps, not hinders.
Not always. An instalment arrangement can stop late payment penalties from the day it is set up, as long as you keep to it, although IRD still charges interest. A loan may suit when you want the debt cleared in one go, IRD will not agree to terms you can meet, or you need breathing room to keep trading. Your accountant can help you compare the two.
Funding may be possible in as little as 24 hours, subject to approval, documents, security, legal work and settlement requirements.
Yes. HomeSec can lend on a first or second mortgage over New Zealand property, so a home or investment property that already has a bank mortgage may still be used as security, subject to assessment.
Not necessarily, but deadlines are short and the consequences are serious. Get legal advice straight away, contact IRD, and tell us the deadline when you get in touch so we can tell you quickly whether we may be able to help.
Related pathways
Information is general only and is not an offer or approval of finance. Lending is subject to assessment, acceptable property security, documentation, legal requirements and final approval. Independent legal, financial and tax advice may be appropriate for your circumstances. HomeSec is not affiliated with or endorsed by Inland Revenue. This page is general information, not tax or legal advice.
Next step
Tell us a little about your situation. It takes a couple of minutes, and our team will get straight onto it.
