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TAXATION ADMINISTRATION ACT 1953 - SECT 8AAA Overview

TAXATION ADMINISTRATION ACT 1953 - SECT 8AAA

Overview

This Part explains how to work out the general interest charge on an amount.

Usually, a person is liable to pay the charge if an amount that the person must pay to the Commissioner is not paid on time. But there are also other circumstances in which a person can be liable.

A person is only liable to pay the charge if a provision of an Act makes the person liable.