GST for Sole Traders in Australia

GST for Sole Traders

A Sydney electrician finishes a $4,400 commercial fit-out in late June, banks the cash and notices the rolling 12-month figure has just hit $77,000 for the first time. Twenty-one days later, GST registration is supposed to be live. Most tradies don’t notice the threshold until they cross it; the ones who do plan ahead avoid … Read more

GST for Uber Drivers in Australia

Car on the Road

Most Australian small businesses get a $75,000 head-start before GST registration kicks in. Uber drivers don’t. From the moment you accept your first trip, you’re a GST-registered business with quarterly BAS obligations, a logbook to keep and a separate bank account to set up. The good news: every petrol receipt, every car wash and every … Read more

GST for Airbnb Hosts in Australia

GST for Airbnb Hosts

Most Australian Airbnb hosts go their entire hosting career without charging GST on a single nightly rate. A small minority should register from day one and lodge BAS quarterly. The trick is knowing which group you’re in before your first guest checks in, because moving between groups midway costs accountant fees and refund paperwork nobody … Read more

GST Inclusive vs Exclusive in Australia

GST inclusive vs exclusive

That word changes who absorbs the GST, how the figure has to be displayed and what the law expects you to do about it. We’ll work through both meanings, when each one shows up and how to tell which version you’re looking at. The two terms GST inclusive means the price already contains the 10% … Read more

The GST Formula in Australia

GST Formula AU

Two formulas cover almost every GST calculation in Australia. A third covers the property margin scheme. Once those three are mental shorthand, the rest is bookkeeping. This is the reference page for each: the maths, the algebra behind why the numbers work, the spreadsheet versions and the edge cases that come up if you sell … Read more

The GST Rate in Australia

AU GST

That number is the easy part. The harder part is what sits underneath it: what the rate replaced, what it doesn’t apply to, where the dollars go after Coles or Bunnings hands them up the chain and whether the figure is likely to stay at 10% for the next twenty-five. We’ll work through each. What … Read more

How to Work Out GST in Australia

GST guide

GST is one-eleventh of the inclusive total, not one-tenth. That single fact catches more sole traders out than any other number on the BAS, and it’s where every accurate GST calculation starts.While GST calculations are straightforward for most businesses, Airbnb hosts face unique challenges. For a detailed guide on navigating these complexities, check out GST … Read more

How Much is GST in Australia?

GST 10 Percent

Australians paid around $85 billion in GST in the 2023–24 financial year. The rate behind that figure is 10%, applied to most goods and services. And it hasn’t moved since the day GST started on 1 July 2000. So when you see a price at Coles, Bunnings or JB Hi-Fi, the 10% is already baked … Read more

How to Calculate GST in Australia

GST Calculatoring flow

Calculating GST in Australia is two formulas, three steps and one preliminary question: are you starting from a price that already has GST in it, or one that doesn’t? Multiply by 1.1 to add GST. Divide by 11 to remove it. Get the question right and the maths is simple multiplication or division – get … Read more

What is GST in Australia?

GST AU

GST is Australia’s 10% Goods and Services Tax. It’s a broad-based consumption tax applied to most goods and services sold or consumed in Australia, charged at the point of sale and ultimately paid by the end consumer. Businesses with turnover above $75,000 must register, collect GST on what they sell, claim credits on what they … Read more