Once you become registered for GST, your invoices must be tax invoices. They include the GST component of the transaction and allow your GST registered customers to claim GST credits on their purchases (as they need to keep a copy of a tax invoice for any purchase of $82.50 or over. To remove any confusion…

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Registering for GST is a simple process that you can do online, over the phone, or through an agent registered with the Tax Practitioners Board. GST Register makes it even easier, all you need to do is go to gstregister.com.au and follow the prompts. But there are still a lot of questions surrounding registration that we can answer.  …

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If you want to register for GST but your business started some time ago, you are allowed to backdate your registration. This will enable you to claim GST credits on your start-up expenses and potentially get a significant amount of money back into your business.   When backdating your registration, you have the option to backdate it up to…

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GST may seem complex or intimidating at first, but it can be relatively simple. As long as you keep records of the GST you collect through your business sales, and understand your reporting obligations, you will be nailing your GST requirements.   To help you get started we have created this simple guide to introduce you to GST. …

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