Tax Laws Amendment (Simplified GST Accounting) Act 2007 (112 of 2007)
Schedule 1 Amendments
A New Tax System (Goods and Services Tax) Act 1999
14 Section 188-5 (after table item 4)
Insert:
|
4AA |
Small enterprise turnover threshold |
whether you can choose to apply a simplified accounting method as a small enterprise entity (see section 123-7) |