New report helps agents identify potential clients for IR's debt-pilot programme

• Tax Traders has launched a Debt Pilot Report, available to firms with an IR data connection enabled, that identifies clients with 2023 and/or 2024 income tax debt at Inland Revenue who may be eligible for IR's debt-pilot programme.
• Under IR's debt-pilot programme (introduced via new section RP 17C of the Income Tax Act 2007), eligible taxpayers can use tax pooling to reduce interest costs and eliminate late payment penalties on 2023 and 2024 income tax debt, with transactions needing to be set up with Tax Traders by 1 October 2026 and paid in full by 1 October 2027.
• The Debt Pilot Report lets accountants filter by tax year, view their own clients or their whole firm's (if firmwide view is enabled), hide clients they've already actioned, and export the list.

Accountants now have a faster way to identify clients who may qualify to use tax pooling to settle 2023 and/or 2024 income tax debt as part of Inland Revenue's (IR) debt-pilot programme using Tax Traders' new Debt Pilot Report.

Clients who meet the eligibility criteria will have a viable way to reduce their interest cost and eliminate late payment penalties on this debt with Tax Traders.

Firms with an IR data connection will see the Debt Pilot Report straightaway on their Tax Traders dashboard.

The report lists clients with income tax debt for the 2023 and/or 2024 years, and the current core tax amount they owe, in one place, so you know exactly who to speak to before you have the conversation.

You can filter by tax year, switch between your own clients or your entire  firm's (if firmwide view is enabled), hide any clients you've already actioned and export this list at the click of a button.

Not seeing the Debt Pilot Report yet?

You'll need to enable an IR data connection with Tax Traders in order to see this report. Get in touch with our team to get set up.

About IR's debt-pilot programme

The debt-pilot programme was announced in March, with new section RP 17C added to the Income Tax Act 2007 as part of the Taxation (Annual Rates for 2025–26, Compliance Simplification, and Remedial Measures) Act.

It is designed to support IR's broader debt recovery efforts, while giving qualifying taxpayers a structured way to address outstanding income tax with tax pooling.

Firms have until 1 October 2026 to set up a transaction for 2023 and/or 2024 income tax debt with Tax Traders for clients wishing to partake in the programme. 

The sooner clients are identified, the more time they have to act.

Once accepted into the programme, clients will have until 1 October 2027 to pay that outstanding income tax debt with Tax Traders.

Tax Traders has streamlined the process so debt-pilot programme transactions can be entered online. This allows you to see potential savings and confirm whether clients meet the eligibility criteria.

Not sure if a client is eligible?

Eligibility for the programme depends on a few specific IR criteria.  Here's what to check before you reach out to a client.

Tax Traders is here to help

As always, please feel free to reach out if you have any questions about the Debt Pilot Report or wish to discuss IR's debt-pilot programme in more detail.

Our team is happy to help.