CTHIn ForceAct
A New Tax System (Goods and Services Tax) Act 1999
27‑5 General rule—3 month tax periods27‑5 General rule—3 month tax periods
Start here
Get a plain-English read of 27‑5 General rule—3 month tax periods
Turn the raw legal text into a practical explanation grounded in A New Tax System (Goods and Services Tax) Act 1999.
27‑5 General rule—3 month tax periods
The tax periods that apply to you are each period of 3 months ending on 31 March, 30 June, 30 September or 31 December in any year, except to the extent that: (a) an election is in force under section 27‑10; or (b) the Commissioner determines otherwise under this Division.
Note: Several provisions in Chapter 4 provide for different tax periods. In particular, Division 151 provides for annual tax periods.