GST filing frequency

From mid-January 2023 approximately 7,000 GST customers will receive a notice from us advising that their filing frequency will change in 30 days. These are customers currently filing:

• 6 monthly with a turnover of greater than $500,000. They will move to 2 monthly and will be advised they can dispute the change within 30 days.
• 2 and 6 monthly with a turnover of greater than $24m. They will move to 1 monthly under S15C(4) of the GST Act.

These notices will now be issued periodically to monitor customers who exceed the filing frequency rules to assist customers to comply with current legislation.