We help you to calculate and report your GST accurately so you remit the correct amount of tax to the ATO in a timely manner. We ensure that you claim the maximum input tax credit available which will maximise crucial cash flow for your business.

Goods and services tax (GST) is a tax of 10% on most goods, services and other items sold or consumed in Australia. If your business is registered for GST, you have to collect this extra money (one-eleventh of the sale price) from your customers. You pay this to the Australian Taxation Office (ATO) when it’s due.

Businesses must register for GST:

• when your business or enterprise has a GST turnover (gross income minus GST) of $75,000 or more
• when you start a new business and expect your turnover to reach the GST threshold (or more) in the first year of operation
• if you’re already in business and have reached the GST threshold
• if your non-profit organisation has a GST turnover of $150,000 per year or more
• when you provide taxi or limousine travel for passengers (including ride-sourcing) regardless of your GST turnover – this applies to both owner drivers and if you lease or rent a taxi
• if you want to claim fuel tax credits for your business or enterprise.

Registering for GST is optional if your business doesn’t fit into one of these categories. If you choose to register, generally you must stay registered for at least 12 months.