A New Tax System (Goods and Services Tax) Act 1999
Chapter 2
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The basic rules
Part 2-5
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Registration
Division 23
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Who is required to be registered and who may be registered
23-15
The registration turnover threshold
(1)
Your registration turnover threshold (unless you are a non-profit body) is:
(a) $50,000; or
(b) such higher amount as the regulations specify.
(2)
Your registration turnover threshold if you are a non-profit body is:
(a) $100,000; or
(b) such higher amount as the regulations specify.
Your registration turnover threshold (unless you are a non-profit body) is:
(a) $50,000; or
(b) such higher amount as the regulations specify.
(2)
Your registration turnover threshold if you are a non-profit body is:
(a) $100,000; or
(b) such higher amount as the regulations specify.
CCH Note
The registration turnover threshold was increased from $50,000 ($100,000 for non-profit bodies) to $75,000 ($150,000 for non-profit bodies) with effect from 1 July 2007. For details, see reg 23-15.01 and 23-15.02 of the A New Tax System (Goods and Services Tax) Regulations 2019 .
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