140
In forceCommercial hire businesses must be registered
Chapter 6Hire of goods
Part 2Registration of commercial hire businesses and payment of duty
140 Commercial hire businesses must be registered
(1)
A commercial hire business must be registered under this Part if, in any month, the total amount of the hiring charges received in the month exceeds $6000.
(2)
An application for registration must be made within 21 days after the end of the month in which the $6000 threshold is first exceeded.
- 100 penalty units.
Note to s. 140(2) inserted by No. 13/2013 s. 56(2).
Note
Section 130B of the Taxation Administration Act 1997 applies to an offence against this subsection.
S. 140(3) inserted by No. 36/2005 s. 17(1).
(3)
Subsection (1) does not apply to a commercial hire business in respect of hiring charges received in any month after December 2006.
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