1
Short title
1 Short title
This order may be cited as the Taxation Administration Order 2021 .
//
© 2026 Zoe. All rights reserved.
Zoe is a legal information platform. Always consult the Federal Register of Legislation for authoritative text.
Tasmania regulation
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.
Want the full deep dive?
Zoe can write the in-depth analysis on top of the summary above: how it works, who it affects and what each part actually does.
Direct links to the current provisions in Taxation Administration Order 2021.
This order may be cited as the Taxation Administration Order 2021 .
This order takes effect on the day on which its making is notified in the Gazette.
For the purposes of section 35(4)(b) of the Taxation Administration Act 1997 , 4% is specified as the premium component of the interest rate for the purposes of that Act.
Displayed and numbered in accordance with the Rules Publication Act 1953.
Notified in the Gazette on 23 July 2021
This order is administered in the Department of Treasury and Finance.
Sourced from Tasmanian Legislation Online (legislation.tas.gov.au), CC BY 4.0.
This order may be cited as the Taxation Administration Order 2021 .
This order takes effect on the day on which its making is notified in the Gazette.
For the purposes of section 35(4)(b) of the Taxation Administration Act 1997 , 4% is specified as the premium component of the interest rate for the purposes of that Act.
Displayed and numbered in accordance with the Rules Publication Act 1953.
Notified in the Gazette on 23 July 2021
This order is administered in the Department of Treasury and Finance.