GST Resources Centre

Backdating Your GST Registration

By GST Register | 17 July, 2019

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…

An Introduction to GST

By GST Register | 8 July, 2019

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…

Benefits of Outsourcing Business Taxation

By GST Register | 18 April, 2016

Taxation is a recurring, time-consuming, complex and business process. It is a legal requirement for all Australian enterprises operating for profit. Paying business GST and…

Accounting for GST Credits

By GST Register | 23 November, 2015

GST credits are the GST included in your business purchases. This is also called the input tax credit – tax paid on the purchase of…

Queensland Business Taxation 101

By GST Register | 20 July, 2015

Knowing your legal and tax obligations is essential to putting up and running a business. Business tax requirements in Brisbane differs according to the nature…

Tips to Avoid Common GST Errors

By GST Register | 8 June, 2015

Accuracy and correctness are essentials to faster and trouble-free filing of your GST. It is not enough you filed, ATO will also require you to…

Simplified Accounting Methods for GST

By GST Register | 6 April, 2015

Brisbane bookkeeping and accounting use SAM to calculate GST of certain businesses. SAM or simplified accounting methods for GST are applicable to small food retailers…

Accounting for GST

By GST Register | 12 March, 2015

It is not uncommon for an entrepreneur to be unsure of how to treat GST on the books. Brisbane bookkeeping and accounting rules do not…

Registering for GST 101

By GST Register | 23 February, 2015

Registering for GST is optional if your yearly GST turnover or gross income is below $75,000. It only becomes an obligation if you’re earning over…