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Task 1 GST Registration (for Australia) Required: a)List the annual GST...

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Accounting

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.

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