Document ID: chunk:federal_register_of_legislation:F2020C00965:body:0:p6
Version: federal_register_of_legislation:F2020C00965
Segment Type: other
Provision Reference: 
Character Range: 13474–16625

covered by the concession are the only months available.

10. Business had substantial increase in current GST turnover

(1)               An entity applies the alternative test under this section if the entity had an increase in the entity's current GST turnover of:

         (a)               50% or more in the 12 months immediately before:

                (i)      the applicable turnover test period; or

                (ii)    1 March 2020, or

         (b)               25% or more in the 6 months immediately before

                (i)      the applicable turnover test period; or

                (ii)    1 March 2020, or

         (c)                12.5% or more in the 3 months immediately before

                (i)      the applicable turnover test period; or

                (ii)    1 March 2020.

(2)               The alternative test is:

    the entity uses the 3 months' current GST turnover instead of the entity's current GST turnover for a relevant comparison period, that is a quarter, for the purposes of section 8, section 8A and section 8B of the Rules.

(3)               The 3 months' current GST turnover is:

         (a)               if subparagraphs (1)(a)(i), (1)(b)(i) or (1)(c)(i) apply, the total of the entity's current GST turnover in the 3 months immediately before the applicable turnover test period, or

         (b)               if subparagraphs (1)(a)(ii), (1)(b)(ii) or (1)(c)(ii) apply, the total of the entity's current GST turnover in the 3 months immediately before 1 March 2020.

(4)               If the relevant comparison period is a calendar month, the entity divides the 3 months' current GST turnover by 3 and uses that figure instead of the entity's current GST turnover for a relevant comparison period for the purposes of section 8 and section 8A of the Rules.

Note: This subsection is only applicable for the decline in turnover test under section 8 of the Rules including section 8A of the Rules (if applicable).

(5)               For the purposes of subsections (2), (3) and (4), if the entity:

         (a)               qualified for the ATO's Bushfires 2019–20 lodgment and payment deferrals, the entity may use the 3 month period before the Bushfires 2019–20 lodgment and payment deferrals commenced to calculate the 3 months' current GST turnover, or

         (b)               received Drought Help concessions, the entity may use the 3 month period before this concession commenced to calculate the 3 months' current GST turnover.

11. Business affected by drought or natural disaster
(1)               An entity applies the alternative test under this section if:

         (a)               the entity conducted business or some of the business in a declared drought zone, or declared natural disaster zone, during the relevant comparison period, and

         (b)               the drought or natural disaster changed the entity's current GST turnover.

(2)               The alternative test is the entity uses the entity's current GST turnover for the same period in the year immediately before the declaration instead of the entity's current GST turnover for