How To Maximise Debt Recovery This Tax Season

With the end of the NZ tax year just behind us, it’s timely to consider the relationship between taxes and debt collection. Around half of everyone expecting to get a tax refund will use the money to pay off debt, making tax season the most productive time of year for many debt collection agencies, and that includes debt recovery software.

At iCollect, our debt collection software is designed to help you collect debt quickly without hurting your relationship with your customers. One of the best ways to do this is to strike when the iron is hot and maximise profitable periods when people are most willing and able to repay their debts. Here are three effective ways to maximise this productive tax season and get money owed to you back.