GST Articles

International businesses that have sales connected to Australia over a certain threshold may need to register and pay GST in Australia. This applies to electronic distribution platform (EDP) operators that allow merchants to make sales of services, digital products or...

IN THIS ARTICLE GST free Medical Services Non-Medical Health Services: GST Implications Identifying the Recipient in Health Supply for GST Determination Goods Supplied in GST free Health Services GST free Treatment for Services via Third-Party Arrangements GST free...

As digital currency becomes more common-place in a business context both in terms of trading and using such assets for payment in Australia, one question that commonly arises for those businesses will no doubt be: does GST apply to crypto assets? The answer, according...

To determine the GST status of a food or beverage, it's important to initially establish whether it falls within the definition of 'food' as outlined by GST regulations. According to GST law, the term 'food' includes: Items intended for human consumption, regardless...

In this article What is a Motor Vehicle for GST purposes Non-Car Vehicles GST Implications of Buying a Motor Vehicle GST Implications of Disposing of a Motor Vehicle Types of Methods to Calculate Motor Vehicle Expenses Deductions For Motor Vehicle Expenses Maintaining...

If you engage in financial supplies, it is important that you actively report relevant information about these transactions on your Business Activity Statement (BAS). This reporting includes disclosing the income you earned from selling financial supplies and the...

For exports, the Goods and Services Tax (GST) in Australia works differently. 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, for exports of...

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 taxable importations, regardless of their GST registration status. If you are a...

Relatively new rules require buyers of new residential premises or potential new residential land to pay the GST owing on the purchase directly to the ATO (rather than to the seller) as part of the settlement process. The seller can then claim a GST credit in their...

When it comes to accounting for GST (goods and services tax), there are two options: cash basis and non cash basis (accruals). The choice of method impacts the timing of GST reporting. If your business's aggregated turnover (including closely associated entities) is...