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Tax Administration Act 1994

Interest - Specific provisions

121: Interest to be charged where residual income tax exceeds provisional tax

You could also call this:

"You pay interest if your residual income tax is more than your provisional tax."

Illustration for Tax Administration Act 1994

You need to pay interest if your residual income tax is more than your provisional tax. This rule is found in section 121 of the Tax Administration Act 1994. It was repealed on 26 July 1996 by section 36(1) of the Tax Administration Amendment Act (No 2) 1996.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM355601.

Topics:
Money and consumer rights > Taxes
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Part 7Interest
Specific provisions

121Interest to be charged where residual income tax exceeds provisional tax (Repealed)

    Notes
    • Section 121: repealed, on , by section 36(1) of the Tax Administration Amendment Act (No 2) 1996 (1996 No 56).