- Proposal to raise Australia’s GST registration threshold submitted to PBO
- Current threshold is AUD 75000 for businesses
- Current threshold is AUD 150000 for non-profit organisations
- Proposal suggests increasing threshold to AUD 250000 for both groups
Source: vatcalc.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Australia"
- Australia Publishes Updated Consolidated Text of New Tax System (GST) Act 1999, Effective Jan. 1
- OECD Urges Australia to Broaden and Raise GST for Fiscal Sustainability and Economic Growth
- OECD Urges Australia to Raise GST and Boost Affordable Housing to Address Budget Deficit
- GST Fraud, False Invoicing, and Gold Dealer Scams Top ATO’s Crime-Fighting Priorities
- Understanding GST Exemptions, GST-Free, and Input Taxed Status for Australian Businesses
