Tax Laws Amendment (Small Business) Act 2007 (80 of 2007)
Schedule 2
Amendments relating to GST turnover thresholds
Part 1
Main amendments
A New Tax System (Goods and Services Tax) Act 1999
44
Subsections 188-15(1), (2) and (3)
Omit
current annual turnover
, substitute
current GST turnover
.