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  • Debit errors

    You can correct a debit error on your current activity statement if all of the following conditions apply for each debit error:

    If you do not meet the above conditions, you must correct some or all of the error on the original activity statement on which the error occurred – penalties and interest charges may apply. You can do this online via Online services for business or phone us to get a revision form.

    See also:

    Debit error time limits

    Time limits apply for the correction of a debit error from the time the debit error occurred (not when it was discovered).

    You can correct a debit error on your current activity statement if it is within the debit error time limit that corresponds with your current GST turnover in the table below. Otherwise you must correct the error on the original activity statement.

    Table 1: Debit error time limit

    Current GST turnover

    Debit error time limit

    Less than $20 million

    The debit error must be corrected on an activity statement that is lodged within 18 months of the due date of the activity statement in which the error was made.

    $20 million or more

    The debit error must be corrected on an activity statement that is lodged within 12 months of the due date of the activity statement in which the error was made.

    See also:

    • GSTR 2001/7 Goods and services tax: meaning of GST turnover, including the effect of section 188-25 on projected GST turnover

    Debit error value limits

    You can correct a debit error on your current activity statement if the total of the debit errors, less the sum of any credit errors included as corrections in the return, is within the debit error value limit that corresponds with your current GST turnover in the following table.

    If the above does not apply, the excess must be corrected in the earlier (original) activity statement.

    Table 2: Debit error value limit

    Current GST turnover

    Debit error value limit

    Less than $20 million

    Less than $16,000

    $20 million to less than $100 million

    Less than $32,000

    $100 million to less than $500 million

    Less than $64,000

    $500 million to less than $1 billion

    Less than $128,000

    $1 billion or more

    Less than $718,000

      Last modified: 08 Apr 2021QC 46694