GST and Health Services GST Free medical services In the Australian GST context, medical services assume a distinct role by being categorized as GST free. You can classify a medical service into...
GST Articles
GST on Food
GST on Food To determine the GST status of a food or beverage, it's important to first establish whether it falls within the definition of 'food' as outlined by GST regulations. According to...
GST and Cars
GST and Cars What is a car for GST purposes? For the purpose of GST, a car is defined as a motor vehicle designed to transport less than one tonne of load and fewer than 9 passengers, and excludes...
GST and Exports
GST and Exports GST is a 10% tax applied to most goods, services, and other items sold or consumed within the country (the indirect tax zone), as well as on most imports of goods. However...
GST on Imports
GST on Imports GST (Goods and Services Tax) applies to most goods imported into Australia, making them taxable importations. Businesses, organizations, and private individuals must pay GST on...
GST Withholding
GST Withholding Buyers of new residential premises or potential new residential land are required to pay the GST owing on the purchase directly to the ATO (rather than to the seller) as part...
GST
GSTGST (Goods and Services Tax) is a consumption tax ultimately paid by the end consumer at the rate of 10% on the supply of most goods and services in Australia. It is implemented by the collection...
GST and Property Development
GST liability There is only a liability for GST where: an enterprise is being carried on, the annual turnover is at least $75,000 ($150,000 for non-profit bodies) and a taxable supply is made....