Timing and quantifying rules - Income equalisation schemes - Refunds: automatic
EH 42: Refund of excess deposit
You could also call this:
“This section about getting refunds for overpaid deposits was removed from the law”
This section of the law used to talk about how to get a refund if you paid too much into a deposit. However, it was removed from the law on 18 March 2019. This means the rules about refunds for excess deposits are no longer part of this specific section of the Income Tax Act 2007. If you want to know about current rules for refunds, you might need to look at other parts of the tax law.
“Law about extra deposits not being income no longer applies”
Part E
Timing and quantifying rules
Income equalisation schemes:
Refunds: automatic
EH 42Refund of excess deposit (Repealed)
Notes
Section EH 42: repealed, on , by section 169(6) (and see section 169(11) for application) of the Taxation (Annual Rates for 2018–19, Modernising Tax Administration, and Remedial Matters) Act 2019 (2019 No 5).
