GST instalment rollover 24.11.2005
The ATO has issued a reminder to taxpayers that from this year onward, the option to pay GST by instalments rolls over.  
 
As long as a taxpayer remains eligible, they will be sent an instalment notice for each quarter and they simply need to pay the instalment amount by the due date.  
 
They will only need to lodge instalment notices if they vary their instalment amount. 
 
Taxpayers will only receive activity statements to complete and lodge if they have other roles which require lodgment or if their reporting obligations change.  
 
How long does the election apply?  
 
An election to pay GST by instalments will apply indefinitely unless a client:  
 
• revokes their election;  
• has an annual turnover that, as at 31 July in a financial year, exceeds $2 million;  
• is in a net refund position;  
• has their election disallowed by the Commissioner; or  
• is the representative member of a GST group and the group membership changes.  
 
Editor: If a client wishes to revoke their GST instalment election or if they are no longer eligible for the GST instalment option, they need to notify our office.

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