{"id":"tas:sr-2021-058","name":"Taxation Administration Order 2021","slug":"taxation-administration-order-2021","collection":"regulation","jurisdiction":"tas","status":"in_force","isInForce":true,"actNumber":"58 of 2021","makingDate":null,"administeringDepartment":null,"currentVersion":{"id":182315,"registerId":"tas-tas:sr-2021-058-current","compilationNumber":null,"startDate":"2026-04-05","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Short title","content":"### 1 Short title\n\n> This order may be cited as the [Taxation Administration Order 2021](/view/html/inforce/2026-04-12/sr-2021-058) .","sortOrder":0},{"sectionNumber":"2","sectionType":"section","heading":"Commencement","content":"### 2 Commencement\n\n> This order takes effect on the day on which its making is notified in the *Gazette*.","sortOrder":1},{"sectionNumber":"3","sectionType":"section","heading":"Premium component of interest rate","content":"### 3 Premium component of interest rate\n\n> For the purposes of [section 35(4)(b)](/view/html/inforce/2026-04-12/act-1997-074#GS35@Gs4@Hpb@EN) of the [Taxation Administration Act 1997](/view/html/inforce/2026-04-12/act-1997-074) , 4% is specified as the premium component of the interest rate for the purposes of that Act.\n\nDisplayed and numbered in accordance with the *[Rules Publication Act 1953](/view/html/inforce/current/act-1953-050)*.\n\nNotified in the *Gazette* on 23 July 2021\n\nThis order is administered in the Department of Treasury and Finance.","sortOrder":2}],"analysis":{"kimi_summary":{"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"This order performs exactly the narrow technical function it was designed for: specifying a single percentage rate for interest calculations under the Taxation Administration Act 1997. There is no evidence of scope creep."},"complexity_factors":["Extremely short: only 3 operative sections","No defined terms section","Single substantive provision (section 3) containing one numerical specification","No conditional logic, exceptions, or cross-references beyond a single citation to the parent Act","Straightforward administrative instrument with no procedural requirements"],"plain_english_summary":"This is a short, technical order that sets a specific number for tax calculations.\n\n**What it does:**\n- Sets the **premium component of the interest rate at 4%** for the Taxation Administration Act 1997.\n\n**What this means in practice:**\n- When the Australian Taxation Office (ATO) charges interest on unpaid tax debts, or pays interest on overpaid tax, the calculation includes a base rate plus this \"premium\" component.\n- Think of it like a markup — the 4% gets added on top of the standard interest rate to determine the final rate applied to your tax debt or refund.\n\n**Who it affects:**\n- Anyone who owes tax to the ATO (they'll pay interest at this higher rate).\n- Anyone owed a refund by the ATO (they may receive interest calculated with this component).\n- Tax practitioners who calculate interest liabilities for clients.\n\n**Why it matters:**\n- This percentage directly affects how much extra you pay if you're late with tax, or how much extra you receive if the ATO owes you money. A change in this rate changes the dollar amount of tax debts and refunds."},"summary":{"complexity_score":2,"scope_assessment":{"changed":false,"description":"Insufficient content is available to assess whether the scope of this Order changed from its original intent. The document as provided contains only administrative metadata, version information, and navigation links — no substantive provisions are visible."},"complexity_factors":["Insufficient operative content provided — only metadata and status information is present","No substantive provisions visible to analyse for complexity","Subordinate legislation instruments can vary widely in complexity, but nothing here allows assessment","Score of 2 reflects the minimal discernible content, not necessarily the underlying instrument's true complexity"],"plain_english_summary":"The Taxation Administration Order 2021 is a Tasmanian subordinate‑legislation instrument governing how state taxation is administered; it has been in force since 23 July 2021 and includes a table of amendments. The supplied document is primarily metadata and does not include the operative rules, so its specific legal effects aren’t visible here. It typically affects Tasmanian taxpayers, businesses and the State Revenue Office — consult the full Order for concrete obligations."},"flash_summary":{"complexity_score":2,"scope_assessment":{"changed":false,"description":"The Order does not change who is covered by the Taxation Administration Act or the statutory interest regime. It only supplies the numeric premium component (4%) required by s35(4)(b), leaving the underlying calculation method and taxpayers' obligations unchanged."},"complexity_factors":["Single operative provision specifying a numeric rate (Order s3)","Direct cross-reference to an existing statutory formula (Taxation Administration Act 1997 s35(4)(b)) — legal effect depends on that provision's mechanics","Immediate commencement tied to Gazette notification (Commencement s2)","No new compliance procedures or administrative processes created; effect limited to calculation input","Potential fiscal impact concentrated on taxpayers with outstanding liabilities and revenue collection, but distributional effects depend on application of s35(4)(b)"],"plain_english_summary":"This Order fixes the \"premium component\" used to calculate tax interest under the Taxation Administration Act 1997 (for section 35(4)(b)) at 4% (s3). It therefore affects taxpayers who owe interest on tax liabilities and the revenue agency that applies the statutory interest formula. Mechanically, it sets a numeric input used in future interest calculations (Order s3); it does not add new reporting duties but changes the amount payable by those with outstanding tax debts."}},"importantCases":[],"_links":{"self":"/api/acts/taxation-administration-order-2021","history":"/api/acts/taxation-administration-order-2021/history","analysis":"/api/acts/taxation-administration-order-2021/analysis","conflicts":"/api/acts/taxation-administration-order-2021/conflicts","importantCases":"/api/acts/taxation-administration-order-2021/important-cases","documents":"/api/acts/taxation-administration-order-2021/documents"}}