- A new GST reporting requirement for Top 100 and Top 1,000 taxpayers in Australia
- Supplementary annual GST returns to be introduced for affected taxpayers
- Pilot program to test the clarity and functionality of the supplementary return questions
- Due dates for the supplementary returns based on financial year end
- Information to be disclosed in the supplementary return includes outstanding action items, level of GST governance, and reconciliation between audited financial statements
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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.
