Baqir Hussain

And sometimes it's even as simple as just calling the IRD and explaining this to them.

You don't need an accountant.

You don't need to be technically aware of how the tax rules work.

It's just about sometimes picking up the phone and calling the IIT.

And sometimes people are just too scared to even do that.

Like, no, I don't want anything to do with the IIT.

I'm just too scared to even talk to them, which is unfortunate because you can miss out.

You're absolutely right.

And look, the IRD has more powers than the police when it comes to legislative powers.

So look, the primary objective of the IRD in terms of its core function is to collect as much revenue as practically possible over a period of time.

It also needs to be understood that ultimately,

It's the taxes that pay for our schools and hospitals, the social welfare system, roads, right?

So there's always two sides to this.

My experience with the IRD is that they're definitely not monsters.

They want to help.

I think they're definitely much better than the ATO in Australia or the IRS in the U.S.,

uh where they're they're fair the other thing is with when it comes to people um it's a psychological uh thing as well and what i mean by that is sometimes people are just too scared to even open the letter from the ird so we've seen plenty of cases where a lot of problems would have been solved if they had just opened the letter or the notification from the ird and addressed that

by calling them or talking to someone or getting advice upfront.

So it's the avoidance.

It's the anxiety around when it comes to just the word IRD or the word taxes, which can sometimes lead to you just trying to ignore things.