Plan the renewal early
Premium and Merit status normally last five and three years respectively. Begin renewal at the start of the final status year, engage an independent reviewer and cover a 12-month review year. Findings are due within three months after status expires. The renewal review is less intensive than initial review because controls and Post ACAP Reviews should already operate; testing generally covers three months instead of six and focuses on tax-classification controls and changed processes.
Renewal depends on effective operation
Self-review covers entity, transaction and GST-reporting controls. Reviewer findings identify errors and control gaps requiring remediation. Reduced sample sizes or optional process documentation do not mean controls need not be demonstrated. Continue monitoring internal and external changes after renewal. The guide distinguishes renewal reviews, later Post ACAP Reviews and certified reviews for GST-scheme renewal when ACAP is not continued, so choose the procedure matching the business’s actual status.
Official source
A concise, independent Apex Gateway guide based on the official English source, not a reproduction of the complete document. Consult the original for full conditions, exceptions and subsequent updates.
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