- Supplementary annual GST return introduced for large businesses with GST assurance reviews
- Aimed at tailoring engagement with taxpayers under Top 100 and Top 1,000 Justified Trust programs
- Return covers actions taken on recommendations, changes in GST governance, reconciliation of financial statements, uncertain GST positions, errors, and credits
- Public and multinational businesses with GST assurance rating required to lodge the return
- Must be completed for the financial year following the year of receiving the GST assurance report
Source: ato.gov.au
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.
