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s 34

Payment arrangements

In force
Part 4Payments and refunds of tax and other amounts
Division 1Payments of tax and other amounts

34 Payment arrangements

(1)

If the commissioner is satisfied payment of a taxpayer’s tax law liability would cause the taxpayer significant financial hardship, the commissioner may, on the taxpayer’s written application, approve an arrangement (a payment arrangement) extending the time for paying an amount under a tax law.

(2)

Without limiting subsection (1), the payment arrangement may be for payment of the amount by way of instalments.

(3)

The payment arrangement must be in writing and state the conditions applying to it.

(4)

The commissioner may, at any time, by written notice given to the taxpayer, terminate the arrangement.

(5)

If the commissioner terminates the arrangement, amounts outstanding under the arrangement are immediately payable by the taxpayer to the commissioner.

(6)

The commissioner’s decision about extending the time for paying a tax law liability or to terminate a payment arrangement is a non-reviewable decision.

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