The Goods and Services Tax (GST) is a broad-based tax of 10% on goods and services that are sold in Australia. As a business owner, you may be obligated to pay and charge GST. There are complexities about when to register and charge GST. Once registered for GST, businesses will need to calculate the GST collected and paid during a period and then pay the net amount to the Australian Taxation Office.
At Saward Dawson, our team are equipped with the tools to meet your specific needs surrounding Goods and Services Tax (GST). GST reporting requirements vary depending on your current situation and it is our aim to assist you in making this process as smooth as possible.
Contact us to arrange a discussion around how GST requirements may affect you, so that we can provide you with the peace of mind knowing that your tax affairs are in control.