To become an expert in the types of GST sales that you can make as a small business in Australia, please read on! We’re going to be looking at the three types of sales you can make for GST purposes: taxable sales, GST free sales, and input taxed sales What are taxable...
PriceAmountGST statusincluding GSTexcluding GST Results Ah, the goods and services tax. Virtually anyone with a small business or sole trader gig in Australia will have to pay attention and learn how to calculate GST. If you’re a small business owner or getting...
When making a GST claim for business expenses, there are several intricacies and responsibilities you need to take into account. It’s prudent to be aware of your rights as a small business owner when approaching the topic of a GST refund. If you’re a small business...
Plenty of questions about GST will abound the mind of a new small business owner, whether they be about thresholds, BAS lodgment, GST free sales, ATO requirements, input tax credits, accounting, and tax invoices. But how does GST actually work for small business? In a...
If you are getting into business in Australia for the first time, taxation, tax law and GST can seem like assumed knowledge. Of course, it isn’t. There is a lot to get your head around in the initial phases of a new business and goods and services taxation is one many...