[Previous](https://www.essbiztools.com/ess-library-individual-purchase/product/149-012-025-fringe-benefit-tax-introduction)

[Next](https://www.essbiztools.com/ess-library-individual-purchase/product/151-012-031-turnover-%2475-000-to-%242m-specific-taxation-issues)

  #   012-030 - Turnover Under $75,000 - Specific Taxation Issues

     [![](https://www.essbiztools.com/images/com_hikashop/upload/library-papers.jpg)](https://www.essbiztools.com/images/com_hikashop/upload/library-papers.jpg)

  The Australian Taxation Laws contain specific provisions which relate to the turnover of the business taxpayer. This paper concentrates on business taxpayers with turnovers under $75,000. The paper analyses particular benefits available for micro-businesses which, for ease of reference, are summari ...[Read more](#hikashop_show_tabular_description)

     $11.00

   [Add to cart](https://www.essbiztools.com/ess-library-individual-purchase/product/updatecart/add-1/cid-150)

 The add to cart button will appear once you select the values above

    - Description
  - Specifications

 The Australian Taxation Laws contain specific provisions which relate to the turnover of the business taxpayer. This paper concentrates on business taxpayers with turnovers under $75,000.

The paper analyses particular benefits available for micro-businesses which, for ease of reference, are summarised in one paper. The paper is presented in four pages, under the headings:

- Turnover Levels Determine Treatment
- Australian Business Number
- GST Registration Optional
- Invoice
- Hobby Or Not For Profit Activity
- Registered For GST
- Streamlined Reporting Of GST
- Instalment Option
- Write Off Of GST Related Equipment & Software
- Under $2m Turnover Issues
- Entrepreneur's Tax Offset

and includes as an Addendum a suggested statement to be issued by a supplier if the supplier does not have an Australian Business Number and does not wish to have 46.5% withholding tax withheld.