Can a superannuation fund issue recipient created tax invoices?
Yes, if the superannuation fund: • has a turnover (including input taxed supplies) of at least $20 million annually; or • is a member of a GST group of companies, partnerships or trusts, in which one or more of that group have such a turnover Industry associations, whose members are registered recipients of taxable supplies who do not meet this requirement, can request that the Commissioner make a determination in respect of issuing other classes of tax invoices.
