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Goods and Services Tax Act 1985

Recovery of tax

41: Additional tax to be payable if default made in payment of tax

You could also call this:

"Paying tax late might mean you have to pay extra tax."

Illustration for Goods and Services Tax Act 1985

If you do not pay your tax on time, you may have to pay extra tax. This is because of a rule that says you must pay more tax if you default on your payment. You can find more information about when this rule applies by looking at the Goods and Services Tax Amendment Act 1996. This rule used to be part of the law, but it was repealed on 26 July 1996, which means it does not apply to tax payments made after a certain date.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM84517.

Topics:
Money and consumer rights > Taxes
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40: Objections to which this Part does not apply, or

"Some objections are not covered by this part of the law"

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42: Recovery of tax, or

"Getting back tax you owe to the government"

Part 6Recovery of tax

41Additional tax to be payable if default made in payment of tax (Repealed)

    Notes
    • Section 41: repealed, on (applying with respect to tax obligations, liabilities, and rights that are to be performed under or arise in relation to supplies made in respect of taxable periods commencing on or after 1 April 1997 (unless necessary for the enforcement of other provisions in this Act)), by section 9(1) of the Goods and Services Tax Amendment Act 1996 (1996 No 59).