Whats the GST? Australia

Instructions + How it works

App Store Information

Add GST

Add 10% tax to a price
1. Click the Add 10% tab
Whats the GST Australia
2. Insert Pricing
Whats the GST Australia
3. Pricing with GST revealed! All calculations, formulas and pricing shown – hide keyboard if desired
Whats the GST Australia

Take away GST

Find out what the pricing was before 10% tax was added
1. Select the –10% GST tab. Insert pricing you want to take 10% GST from and the original pricing will be revealed.
Whats the GST Australia

Custom Add Tax Percentage Calculator

Find out what the pricing was before-tax was added
Select the + Custom Percentage Calculator Tab. Insert the pricing and the tax percentage you want to add and the new pricing will be revealed.
Whats the GST Australia

Custom Minus Tax Percentage Calculator

Find out what the pricing was before-tax was added
Select the – Custom Percentage Calculator Tab. Insert the pricing and the tax percentage you want to take away and the original pricing will be revealed.
Whats the GST Australia

HOW IT WORKS

Goods and Services Tax

Goods and services tax, often known as GST, is a broad-based tax of 10% on most goods, services and other items sold or consumed in Australia. GST applies to most Australian businesses and it's highly likely that your business will be affected by the tax.

If your business is registered for GST, you'll have to collect some extra money (one-eleventh of the sale price) from your customers and pay it to the Australian Taxation Office (ATO) when it is due.

For more information visit  wikipedia.org/tax_deduction




Do I need to register for GST?

You must register for GST if:

1. Your business has a GST turnover of $75,000 or more
2. Your non-profit organisation has a turnover of $150,000+ per year
3. You provide taxi travel for passengers in exchange for a fare as part of your business, regardless of your GST turnover. This rule applies to both taxi owner drivers and people who just rent a taxi.

As a business owner, it's your responsibility to register for GST if your turnover exceeds the $75 000 threshold or is likely to exceed it. The ATO advises that if you've just started a new business and expect it to earn $75 000 or more in its first year of operation, you should register for GST.

GST turnover is your business's gross income, not your business's profit. If your business doesn't fit into one of the above categories, you don't have to register for GST.

For more information visit ato.gov.au/.

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