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CX 1: Goods and services tax
or “GST charges and refunds are not counted as income for registered persons”
You could also call this:

“Flat-rate credits from platform economy rules are not taxable income”

When you receive a flat-rate credit under the platform economy rules, you don’t have to count it as income. This applies whether you are registered for GST or not. The flat-rate credit is defined in section 2(1) of the Goods and Services Tax Act 1985. This means you don’t need to pay tax on the amount of the credit you receive.

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Next up: CX 2: Meaning of fringe benefit

or “What counts as a job-related benefit from your employer”
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Part C Income
Excluded income

CX 1BTreatment of flat-rate credits under platform economy rules

  1. For the purposes of the flat-rate credit, as defined in section 2(1) of the Goods and Services Tax Act 1985, the amount of the credit is excluded income of the person receiving the credit, whether or not the person is a registered person.

Notes
  • Section CX 1B: inserted, on , by section 24B of the Taxation (Annual Rates for 2022–23, Platform Economy, and Remedial Matters) Act 2023 (2023 No 5).