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Tax Administration Act 1994

Interest - Specific provisions

120OC: Application of sections 120A, 120AA and 120D to 120I to PAYE intermediaries

You could also call this:

"Rules for PAYE intermediaries like you"

Illustration for Tax Administration Act 1994

You are a PAYE intermediary. Sections 120A, 120AA and 120D to 120I apply to you. These sections are about taxpayers, but they apply to you as if you were a taxpayer. Some sections, like sections 120EA, 120F(2) and 120F(3), do not apply to you.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM355355.

Topics:
Money and consumer rights > Taxes
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120OB: Variation to definitions for determining interest chargeable or payable to PAYE intermediaries, or

"Special rules for working out interest on tax when you help an employer with PAYE"

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120OD: Application of sections 120A, 120AA and 120C to 120I to intermediaries who operate tax pooling accounts, or

"Rules for people who manage tax pooling accounts"

Part 7Interest
Specific provisions

120OCApplication of sections 120A, 120AA and 120D to 120I to PAYE intermediaries

  1. Sections 120A, 120AA and 120D to 120I apply to a PAYE intermediary in their capacity as a PAYE intermediary as if references to a taxpayer were read as references to a PAYE intermediary.

  2. Despite subsection (1), sections 120EA, 120F(2) and 120F(3) do not apply to a PAYE intermediary.

Notes
  • Section 120OC: inserted, on (applying for pay periods beginning on and after 1 April 2004), by section 110(1) of the Taxation (Maori Organisations, Taxpayer Compliance and Miscellaneous Provisions) Act 2003 (2003 No 5).