Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 188.10

  (1)   You have a GST turnover that meets a particular * turnover threshold if:

  (a)   your * current GST turnover is at or above the turnover threshold, and the Commissioner is not satisfied that your * projected GST turnover is below the turnover threshold; or

  (b)   your projected GST turnover is at or above the turnover threshold.

  (2)   You have a GST turnover that does not exceed a particular * turnover threshold if:

  (a)   your * current GST turnover is at or below the turnover threshold, and the Commissioner is not satisfied that your * projected GST turnover is above the turnover threshold; or

  (b)   your projected GST turnover is at or below the turnover threshold.

  (3)   Each of these is a turnover threshold :

  (aaa)   the * annual apportionment turnover threshold;

  (aa)   the * cash accounting turnover threshold;

  (a)   the * electronic lodgment turnover threshold;

  (ab)   the * instalment turnover threshold;

  (b)   the * registration turnover threshold;

  (ba)   the * small enterprise turnover threshold;

  (c)   the * tax period turnover threshold.