1. Name of instrument
1. Name of instrument
1. Name of instrument
This determination is the A New Tax System (Goods and Services Tax) Third Party Adjustment Note Information Requirements Determination 2020.
//
© 2026 Zoe. All rights reserved.
Zoe is a legal information platform. Always consult the Federal Register of Legislation for authoritative text.
Commonwealth legislation
This determination sets out the exact information a payer must include on a ‘third party adjustment note’ under subsection 134‑20(1) of the GST Act. It applies to the payer (the entity that makes the payment) and requires identifiers, a description of the supply, payment and adjustment amounts and the issue date, creating a clearer audit trail while imposing modest record‑keeping and compliance duties on payers and changing what information payers must share with payees.
Want the full deep dive?
Zoe can write the in-depth analysis on top of the summary above: how it works, who it affects and what each part actually does.
Direct links to the current provisions in A New Tax System (Goods and Services Tax) Third Party Adjustment Note Information Requirements Determination 2020.
This determination is the A New Tax System (Goods and Services Tax) Third Party Adjustment Note Information Requirements Determination 2020.
This instrument commences on 1 October 2020.
This determination applies to third party adjustment notes issued under subsection 134‑20(1) of the A New Tax System (Goods and Services Tax) Act 1999 (GST Act).
This determination applies to the entity that makes the payment.
For the purposes of paragraph 134‑20(1)(d) of the GST Act, a third party adjustment note must contain enough information to enable the following to be clearly ascertained:
(a) the payer's identity, as specified in a form other than the payer's ABN (note that under paragraph 134‑20(1)(c) of the GST Act, the payer must also set out its ABN)
(b) the payee's identity or the payee's ABN
(c) a description of the thing that the payee acquires (including the quantity) and to which the payment relates
(d) the amount of the payment (being a payment of money, an offset of debt, or a credit to an account) that represents a third party payment under Division 134 of the GST Act
(e) the amount of the payer's decreasing adjustment under subsection 134‑5(2) of the GST Act
(f) the date the note is issued.
(1) Third party adjustment note means an adjustment note issued by a payer in the circumstances referred to in subsection 134‑20(1) of the GST Act.
(2) Other expressions in this determination have the same meaning as in the GST Act.
This instrument repeals A New Tax System (Goods and Services Tax) Third Party Adjustment Note Information Requirements Determination (No. 1) 2010 (F2010L01588) registered on 16 June 2010.
Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.
This determination is the A New Tax System (Goods and Services Tax) Third Party Adjustment Note Information Requirements Determination 2020.
This instrument commences on 1 October 2020.
This determination applies to third party adjustment notes issued under subsection 134‑20(1) of the A New Tax System (Goods and Services Tax) Act 1999 (GST Act).
This determination applies to the entity that makes the payment.
For the purposes of paragraph 134‑20(1)(d) of the GST Act, a third party adjustment note must contain enough information to enable the following to be clearly ascertained:
(a) the payer's identity, as specified in a form other than the payer's ABN (note that under paragraph 134‑20(1)(c) of the GST Act, the payer must also set out its ABN)
(b) the payee's identity or the payee's ABN
(c) a description of the thing that the payee acquires (including the quantity) and to which the payment relates
(d) the amount of the payment (being a payment of money, an offset of debt, or a credit to an account) that represents a third party payment under Division 134 of the GST Act
(e) the amount of the payer's decreasing adjustment under subsection 134‑5(2) of the GST Act
(f) the date the note is issued.
(1) Third party adjustment note means an adjustment note issued by a payer in the circumstances referred to in subsection 134‑20(1) of the GST Act.
(2) Other expressions in this determination have the same meaning as in the GST Act.
This instrument repeals A New Tax System (Goods and Services Tax) Third Party Adjustment Note Information Requirements Determination (No. 1) 2010 (F2010L01588) registered on 16 June 2010.