Variation to sections 52(3) and 52(4) of the Goods and Services Tax Act 1985

This variation applied for GST registered customers with a taxable activity of supplying accommodation who between 14 February 2020 and 31 October 2020 change to making exempt supplies of accommodation leaving them with no taxable activity.  Under this variation, the time periods specified in s 52(3) and s 52(4) of the Goods and Services Tax Act 1985 are extended  from 12 months to 18 months.  

Tax Information Bulletin Vol 32 No 8 - September 2020