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EF 5: Use of money interest payable by person
or “You can claim interest paid to Inland Revenue as a tax deduction”
You could also call this:

“This provision about different tax years was removed in 2011”

This part of the law used to talk about different tax years. However, it’s no longer in use. The government removed it on 29 August 2011. This change started to apply from the 2011-12 tax year onwards. The law that made this change is called the Taxation (Tax Administration and Remedial Matters) Act 2011.

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Next up: EG 1: Election to use balance date used in foreign country

or “Choose a different date for reporting foreign income and expenses in your New Zealand tax return”
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Part E Timing and quantifying rules
Taxes and levies

EF 6Different tax years (Repealed)

    Notes
    • Section EF 6: repealed (with effect on 1 April 2011), on (applying for the 2011–12 and later income years), by section 30(1) of the Taxation (Tax Administration and Remedial Matters) Act 2011 (2011 No 63).