Simplified GST accounting methods for food retailers

About this guide

This guide will help you work out:

• whether any of the SAMs are available to you
• whether you should use a SAM
• which SAM would suit you best
• how to notify us of your election.

If you choose to use a SAM, you must notify us in writing using Election to use a simplified GST accounting method (NAT 4370).

For information about how to complete your activity statement if you use a SAM, refer to: GST - completing your activity statement - purchases snapshot method (NAT 15978) GST - completing your activity statement - business norms method (NAT 16013) GST - completing your activity statement - snapshot method (NAT 16014) GST - completing your activity statement - stock purchases method (NAT 16015) GST - completing your activity statement - sales percentage method (NAT 16016).