Do I Have To Include GST On My Invoices
You only need to register for GST with the Australian TaxationOffice (ATO) if your annual turnover/revenue exceeds $75,000 per annum (or $150,000 per annum for non-profit organisations). Once you are registered for GST, by law you must add 10% GST to all of your tax invoices that you issue to customers.
OTHER QUESTIONS IN THIS SERIES:
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- Do I Have to Register for GST?
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- What’s the difference between an ABN and an ACN?
- Do I have to include GST on my Invoices?
- What Software do You Recommend for My Start-Up Business?
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- What Do I Need to Do When I Employ My First employee?
- What’s the most appropriate tax structure for my business?
- Are You Small Business Experts?
- How Much Do You Charge?
- How Do I Change Accountants?