🇦🇺Australia

GST Non-Compliance Fines

1 verified sources

Definition

Circuses touring multiple cities face complex GST compliance for mixed supplies across states, leading to penalties for late BAS lodgement.

Key Findings

  • Financial Impact: AUD 222 minimum penalty per late BAS + 4.86% GIC per annum on shortfall[2]
  • Frequency: Quarterly BAS lodgements
  • Root Cause: Manual aggregation of multi-city taxable supplies exceeding AUD 75,000 threshold

Why This Matters

The Pitch: Circuses and magic shows in Australia 🇦🇺 risk AUD 222+ per late BAS plus GIC. Automation of multi-city GST remittance eliminates this risk.

Affected Stakeholders

Tour Managers, Finance Officers, Owners

Deep Analysis (Premium)

Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

Payroll Tax Threshold Breaches

4.75-6.85% tax rate on grouped wages exceeding state thresholds (e.g., AUD 1.5m NSW)

Superannuation Guarantee Charge

AUD 20-AUD 200 admin fee + super charge up to 200% of shortfall + GIC[search hints]

Delayed BAS Cash Flow Impact

20-40 hours/month manual effort + cash tied up awaiting GST refunds

Insurance & Attendance Revenue Loss

AUD 100,000+ asset retirement costs; 20-30% attendance decline (industry est. based on protests and 75% public opposition)

Veterinary & Audit Compliance Costs

AUD 5,000-15,000/month in vet fees and compliance labour (20-40 hours/month manual tracking)

Kassenschwund und Inventurdifferenzen bei mobilen Verkaufsständen

Logic-based: 3–5% of concession revenue. For a circus group with AUD 4m annual food/beverage/merch revenue, expected shrinkage and under‑recording = AUD 120,000–200,000 p.a. plus potential ATO assessments of underpaid GST and income tax (often 25–75% penalties of the shortfall on top of tax and interest).

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