08/05/2007
Minimum 2 years before anything needs to change
BAS Service Providers: The transition provisions of the draft new law allows a 2 year period before the existing law stops.
More details to follow but in the mean time don’t panic. Why?
1) The new law allows you to comply with the current Sn 251L for the next 2 years, without changing anything.
2) Experience will count in complying with the new law
Watch for more update as our team interprets the legislative documents and makes them practical for bookkeepers.
