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Goods and Services Tax Act 1985

Returns and payment of tax

15D: When changes in basis of taxable periods take effect

You could also call this:

"When you can change how often you pay tax and when the change happens"

Illustration for Goods and Services Tax Act 1985

If you are a registered person who qualifies under section 15, you can change the basis of your taxable period. You can do this by applying under section 15B(5)(b) or section 15C, or you may be required to change because of section 39B of the Tax Administration Act 1994.

When you change your taxable period, it usually takes effect at the end of the taxable period in which you applied or were required to make the change. If section 15B applies to you, the Commissioner may adjust the effective date of the change in your taxable period.

Section RC 27 of the Income Tax Act 2007 overrides this rule.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM83420.

Topics:
Money and consumer rights > Taxes
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15C: Changes in taxable periods, or

"Changing the time frame for filing tax returns"

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15E: Meaning of end of taxable period, or

"When does a taxable period end for paying tax?"

Part 3Returns and payment of tax

15DWhen changes in basis of taxable periods take effect

  1. This section applies if a registered person, who qualifies under section 15,—

  2. applies under section 15B(5)(b) or 15C to change the basis on which the person's taxable period is set; or
      1. is required because of section 39B of the Tax Administration Act 1994 to change the basis on which the person's taxable period is set.

        1. A change in taxable period under subsection (1)(a) or (b) takes effect at the end of the taxable period in which the person applies or is required to change the basis on which the person's taxable period is set.

        2. Repealed

        3. Despite subsection (2), for a person to whom section 15B applies, the Commissioner must adjust the effective date of the change in taxable period if, as a result of the change, the person's taxable period is not aligned with the person's balance date.

        4. Repealed

        5. Section RC 27 of the Income Tax Act 2007 overrides this section.

        Notes
        • Section 15D heading: replaced (with effect on 30 March 2022), on , by section 213(1) of the Taxation (Annual Rates for 2024–25, Emergency Response, and Remedial Measures) Act 2025 (2025 No 9).
        • Section 15D: inserted, on , by section 291(1) of the Taxation (Depreciation, Payment Dates Alignment, FBT, and Miscellaneous Provisions) Act 2006 (2006 No 3).
        • Section 15D(1)(a): amended (with effect on 30 March 2022), on , by section 213(2) of the Taxation (Annual Rates for 2024–25, Emergency Response, and Remedial Measures) Act 2025 (2025 No 9).
        • Section 15D(1)(a): amended, on , by section 215(1) of the Taxation (Savings Investment and Miscellaneous Provisions) Act 2006 (2006 No 81).
        • Section 15D(1)(ab): repealed (with effect on 30 March 2022), on , by section 213(3) of the Taxation (Annual Rates for 2024–25, Emergency Response, and Remedial Measures) Act 2025 (2025 No 9).
        • Section 15D(2): amended, on , by section 16(3) (and see section 16(6) for application) of the Taxation (Annual Rates for 2021–22, GST, and Remedial Matters) Act 2022 (2022 No 10).
        • Section 15D(2B): repealed (with effect on 30 March 2022), on , by section 213(3) of the Taxation (Annual Rates for 2024–25, Emergency Response, and Remedial Measures) Act 2025 (2025 No 9).
        • Section 15D(3B): repealed (with effect on 30 March 2022), on , by section 213(3) of the Taxation (Annual Rates for 2024–25, Emergency Response, and Remedial Measures) Act 2025 (2025 No 9).
        • Section 15D(4): amended, on (effective for 2008–09 income year and later income years, except when the context requires otherwise), by section ZA 2(1) of the Income Tax Act 2007 (2007 No 97).