Reminder for clients to register for GST may be sent to tax agents if their 2010 or 2011 returns show $75k turnover or more [52]

The ATO says tax agents may receive a letter in January or February 2013 if they have clients who, in their 2010 or 2011 income tax returns, had a total business income above $75,000 and are not registered for GST. The ATO is asking that tax agents work with these clients to review their business circumstances, and if their GST turnover is $75,000 or more, they need to register for GST.

[LTN 6, 10/1/13]