Australian GST Calculator
Calculate your Goods and Services Tax (GST) liabilities and credits in Australia
Additional Information and Definitions
Total Sales Amount (incl. GST)
Enter the total amount of sales including GST
Total Purchases Amount (incl. GST)
Enter the total amount of purchases including GST
GST Rate
Enter the current GST rate. The standard GST rate in Australia is 10%.
Estimate Your GST Obligations
Calculate GST on sales, GST credits on purchases, and determine net GST payable or refundable
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Understanding GST Terms
Important terms related to the Australian GST system
GST:
Goods and Services Tax - a value-added tax levied on most goods and services sold for domestic consumption.
GST on Sales:
The amount of GST collected on sales of goods and services.
GST on Purchases:
The amount of GST paid on purchases of goods and services, which can be claimed as a credit.
Net GST Payable:
The difference between GST collected on sales and GST credits on purchases. This is the amount payable to or refundable from the tax authority.
Tax Invoice:
A document issued by a supplier showing the amount of GST included in the price of goods or services.
5 Little-Known Facts About GST in Australia
The Goods and Services Tax (GST) in Australia has unique characteristics that many businesses overlook. Discover some surprising facts about GST.
1.The GST-Free Goods List
Not all goods and services attract GST. Some items, such as fresh food, medical services, and educational courses, are GST-free.
2.GST Registration Threshold
Businesses with an annual turnover of $75,000 or more must register for GST. However, smaller businesses can voluntarily register to claim GST credits.
3.GST and Overseas Purchases
When purchasing goods from overseas, GST may be payable on the importation of these goods, depending on their value.
4.Special GST Rules for Charities
Charities and non-profit organisations may be eligible for GST concessions, reducing their GST liabilities on certain transactions.
5.Impact of GST on Cash Flow
Managing GST effectively can impact a business's cash flow. It is crucial to account for GST on both sales and purchases to avoid cash flow issues.