TC18-08 Goods and Services Tax (GST) treatment of certain government taxes, fees and charges (Division 81 of the GST Act)
This Circular applies to all agencies that impose taxes, fees and charges. It explains the actions that agencies must carry out under federal government regulation that affects the GST status of certain government taxes, fees and charges. This Circular withdraws and replaces the previous 2012 Treasury Circular TC12-16, without change.
Category: Treasury Circulars (TC) Topic: Accounting Policy Date: 01 June 2018 Status: CurrentTC18-06 Agency Guidelines for the 2017-18 Mandatory Annual Returns to Treasury
Agencies are required to submit Annual Returns, consisting of the financial statements for the year ended 30 June 2018 and associated schedules that reflect the agency's financial performance during the year and financial position at 30 June 2018. This Circular applies to all NSW public sector agencies, including State Owned Corporations, that are required to submit Prime returns. This Circular withdraws and supersedes the previous NSW Treasury Circular Mandatory Annual Returns procedures for 2016-17 (TC17-06).
Category: Treasury Circulars (TC) Topic: Accounting Policy Date: 29 May 2018 Status: ArchivedTC18-07 Machinery of government changes - Goods and Services Tax and Fringe Benefits Tax
This Circular provides guidance for agencies in complying with changes in GST and FBT responsibilities resulting from machinery of government changes. This Circular withdraws and replaces the previous 2011 Treasury Circular TC11-13.
Category: Treasury Circulars (TC) Topic: Accounting Policy Date: 29 May 2018 Status: CurrentTPP18-01 Accounting Policy: Financial Reporting Code for NSW General Government Sector Entities
The Financial Reporting Code for NSW General Government Sector Entities (the Code) sets out the financial reporting framework for all New South Wales General Government Sector (NSW GGS) entities. The Code provides a model financial reporting framework which promotes consistency across the NSW GGS. This version of the Code applies for financial years ending on or after 30 June 2018. It supersedes the previous version, issued as NSW Treasury Policy and Guidelines Paper TPP17-05. (Revised June 2018)
Category: Treasury Policy Papers (TPP) Topic: Accounting Policy Date: 13 March 2018 Status: ArchivedTC18-01 Accounting Policy: Mandates of options and major policy decisions under Australian Accounting Standards
This Circular updates NSW Treasury mandates under Australian Accounting Standards to be applied in all NSW public sector entity financial statements for financial years ending on or after 30 June 2018. This Circular applies to all entities required to prepare general purpose financial statements under the Public Finance and Audit Act 1983, including Statutory State Owned Corporations. It supersedes and withdraws the previous NSW Treasury Circular TC17-04 with the same title. (Revised June 2018)
Category: Treasury Circulars (TC) Topic: Accounting Policy Date: 13 March 2018 Status: Archived
Guidance for AASB 15 Revenue from contracts with customers
This Treasury guidance provides an overview of the requirements of AASB 15 including disclosures and practical transitional impacts. However, agencies still need to review AASB 15 in detail to ensure they understand its requirements.
Category: General Topic: Accounting Policy Date: 15 December 2017 Status: CurrentGuidance for AASB 1058 Income of not-for-profit entities
This Treasury guidance provides an overview of the requirements of AASB 1058 including disclosures and practical transitional impacts. Agencies, however, still need to review AASB 1058 in detail to ensure they understand its requirements.
Category: General Topic: Accounting Policy Date: 06 December 2017 Status: CurrentTreasury On-Line Entry System (TOES) Training Documentation Manual - revised June 2017
Treasury On-Line Entry System (TOES) is the electronic on-line system that Treasury used to collect agency financial data. This manual has been revised in June 2017.
Category: General Topic: Accounting Policy Date: 24 June 2017 Status: Current
Implementing AASB 124 Related Party Disclosures - Frequently asked questions
Building on the feedback received from agencies on practical challenges implementing AASB 124 Related Party Disclosures (AASB 124), NSW Treasury has developed frequently asked questions (FAQs).
Category: General Topic: Accounting Policy Date: 03 May 2017 Status: CurrentGuidance for AASB 16 Leases - New Lease Standards
The new accounting standard AASB 16 Leases (AASB 16) is effective for NSW public sector agencies from FY19-20 and replaces the current standard AASB 117 Leases. This Treasury guidance aims to provide a high-level summary of the new leasing standard including the practical transitional impacts and available simplifications.
Category: General Topic: Accounting Policy Date: 12 April 2017 Status: CurrentLast updated: 28/02/2022
