Legislative developments – 2011 – self assessment for indirect taxes

The Indirect Tax Laws Amendment (Assessment) Act 2012 received royal assent on 15 April 2012.


  • The legislation introduces amendments to the TAA and other Act to harmonise the current GST system with the income tax self-assessment regime, allow for a four year period of review, allow the Commissioner to make a determination that a taxpayer can correct errors from a preceding BAS on their current BAS
  • The changes come into effect from 1 July 2012.

Links to documents


Revised exposure draft of legislation

Exposure draft of legislation

  1. CPA Australia (original)
  2. CPA Australia (supplementary)
  3. Law Council of Australia
  4. Property Council of Australia
  5. Taxation Institute of Australia

Consultation process

  • First Discussion Paper – Government response to the Board of Taxation Review of the legal framework for the administration of the GST – 12 May 2009

Media releases

  • No 009 issued on 18 January 2011
  • No 042 issued on 12 May 2009

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