Australia: Guidance on correcting GST and fuel tax errors for prior tax periods
Definitions on what constitutes an error along with examples of when these instruments apply and how taxpayers can correct these errors
Guidance on correcting GST and fuel tax errors for prior tax periods
The Australian Taxation Office (ATO) registered two legislative instruments that allow taxpayers to correct fuel tax and goods and services tax (GST) errors for prior tax periods in specified circumstances.
- The first instrument, Fuel Tax (Correcting Fuel Tax Errors) Determination 2023, which replaces Fuel Tax: Correcting Fuel Tax Errors Determination 2013:
- Only applies to errors under the Fuel Tax Act 2006
- Does not apply to errors for tax periods beginning before 1 July 2012
- The second instrument, A New Tax System (Goods and Services Tax) (Correcting GST Errors) Determination 2023, which replaces Goods and Services Tax: Correcting GST Errors Determination 2013:
- Only applies to errors relating to an amount of GST, an input tax credit or a GST adjustment
- Does not apply to any error due to the operation of the A New Tax System (Wine Equalisation Tax) Act 1999 or the A New Tax System (Luxury Car Tax) Act 1999
- Does not apply to errors for tax periods beginning before 1 July 2012
The explanatory statements of both instruments contain definitions on what constitutes an error along with examples of when these instruments apply and how taxpayers can correct these errors.
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