Plain language law

New Zealand law explained for everyone

Tax Administration Act 1994

Interest

120: Commissioner to pay interest on certain excess tax

You could also call this:

"The government doesn't pay interest on extra tax you paid."

Illustration for Tax Administration Act 1994

You will not get interest on excess tax because this rule is repealed. It was repealed on 26 July 1996 by the Tax Administration Amendment Act (No 2) 1996. You can find more information about this act on the legislation website https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM392989

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM354987.

Topics:
Money and consumer rights > Taxes
Previous

119A: Amount of provisional tax based on 1997–98 or earlier income year, or

"Provisional tax based on old income years"

Next

120A: Purpose of this Part and nature of interest, or

"Getting back the right amount of tax with interest"

Part 7Interest

120Commissioner to pay interest on certain excess tax (Repealed)

    Notes
    • Section 120: repealed, on , by section 36(1) of the Tax Administration Amendment Act (No 2) 1996 (1996 No 56).