Question
Task 1 GST Registration (for Australia) Required: a) List the annual GST registration turnover threshold levels applicable to businesses/enterprises. General businesses Not for profits Taxi
Task 1 GST Registration (for Australia)
Required:
a)List the annual GST registration turnover threshold levels applicable to businesses/enterprises.
General businesses
Not for profits
Taxi drivers
b)Advise the annual turnover threshold rule to be allowed to account for GST on a cash basis.
c)Advise the annual turnover threshold rule to be allowed to account for GST on an accrual basis.
Answers:
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Financial Accounting A Global Perspective
Authors: Robert Libby, Patricia Libby, Daniel G Short
5th Edition
0071107746, 978-0071107747
