Variation to section EI 1 of the Income Tax Act 2007
This variation extends the deadline for making an application to the Commissioner under s EI 1 to spread back income from timber to previous income years. The deadline under s EI 1 is one year from the end of a person’s income year. This variation extends this deadline to 31 July 2022.
Tax Administration Act 1994: ss 6H and 6I
Income Tax Act 2007: s EI 1(3)