Goods and Services Tax (GST) is a broad-based consumption tax applied to most goods and services sold in Australia, generally at a rate of 10%. Businesses registered for GST must collect the tax from customers and report it to the Australian Taxation Office through Business Activity Statements (BAS).
Our GST specialists help businesses manage registration, reporting, and compliance so you can focus on running your business with confidence.
Review your business activities and determine GST obligations.
Register your business for GST and establish reporting systems.
Prepare and lodge BAS statements accurately and on time.
Provide ongoing GST advice and compliance monitoring.
GST is a 10% tax applied to most goods and services sold in Australia. Businesses collect it and report it to the ATO.
Businesses with annual turnover above the GST threshold must register, while smaller businesses may register voluntarily.
A Business Activity Statement is a report submitted to the ATO to declare GST collected and paid.
Yes, registered businesses can claim GST credits on eligible purchases used for business operations.
GST is typically reported monthly, quarterly, or annually depending on business size.
Managing GST obligations can be complex for growing businesses. Our experienced tax professionals ensure accurate reporting, compliance, and efficient tax management.