GST & BAS
GST is a 10% tax on most goods and services. Registration becomes mandatory at $75,000 turnover ($150k for not-for-profits). Once registered, you charge it, claim it back on inputs, and report via BAS.
GST is a 10% tax on most goods and services. Registration becomes mandatory at $75,000 turnover ($150k for not-for-profits). Once registered, you charge it, claim it back on inputs, and report via BAS.