How to check if IRD has unclaimed money with your name on it
New Zealand's Inland Revenue Department (IRD) is holding over $600 million in unclaimed funds, including forgotten bank accounts and unpaid wages. Citizens can search for their names on the IRD website and claim funds through the myIR portal.
Why it matters
This provides practical financial guidance for individuals to recover potentially lost assets held by government agencies.
Did you know you could be one of many kiwis with unclaimed money being held by Inland Revenue?
If not it's time to pay a visit to the IRD website and find out, with more than $600 million on the most recent unclaimed funds list.
Unclaimed money is held by IRD when someone can't be found, which is what makes it different to a tax refund.
It could be that you had an old bank account with some money in it that you hadn't used in five years, or you have unpaid wages from over five years ago.
You may have left something at a hotel, or hostel and after six months of it going unclaimed the business owner sold it and passed the money to IRD.
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