If you were asked to explain GST, what would you say? Would it go something like this: “It’s a tax you pay on things you buy.” If so, you're not...
What is GST?
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Tax Guides
What is Input-Taxed?
Not all goods and services sold by businesses include 10% GST in the price. One type of sale that fits this description is called Input-Taxed. One...
What Does BAS Excluded Mean?
Goods or services that are BAS Excluded are outside of Australia’s Goods and Services Tax (GST) legislation, which means they are not subject to 10%...
What Does GST-Free Mean?
Did you know GST-free sales and purchases are actually not free from Australia’s Goods and Services Tax? A little bit confusing, hey? Don't worry,...
Do I Need to Register for and Pay GST?
There are two scenarios in which you may register to collect and pay Goods and Services Tax (GST) in Australia: You are required to. You do so...
What is the Difference Between PAYG Instalments Tax and PAYG Withholding Tax?
As a business owner you are probably paying several different types of tax such as GST and company tax. Two other commonly paid taxes for small...
What is Pay As You Go (PAYG) Withholding Tax?
Pay As You Go (PAYG) Withholding is a system in which business owners make tax payments throughout the year on behalf of employees, contractors and...
What is Pay As You Go (PAYG) Instalment Tax?
If you own a business you may need to pay income tax during the year much like an employee pays tax from their salary or wage. This tax system is...
What is a Business Activity Statement (BAS Return)?
Making sense of your GST and Business Activity Statement (BAS) obligations is not easy. Even the most seasoned business owners find it confusing....