GST Registration
Understand Your GST Obligations With Confidence
Unsure whether your business needs to register for GST? The BAS Agents helps you understand the requirements and arrange your registration, with practical guidance on what comes next.
Whether you are starting a business or your sales are growing, we help you prepare for GST and ongoing reporting.
OVERVIEW
What Is GST?
Goods and Services Tax (GST) is a 10% tax on most goods and services sold in Australia.
Registering for GST affects how you manage pricing, invoices, records, and business activity statements. We help you understand these responsibilities and organise your registration around your business circumstances.
WHEN TO REGISTER
Does Your Business Need GST Registration?
For most businesses, GST registration is required when GST turnover reaches $75,000 or more, or is expected to reach that threshold. GST turnover is based on business income with certain exclusions, rather than profit.
Other registration rules include:
A $150,000 GST turnover threshold for non-profit organisations.
Registration for taxi, limousine, and ride-sourcing services, regardless of turnover.
Registration if you want to claim fuel tax credits for your business.
If registration is not compulsory, you may choose to register voluntarily. We can help you understand what this would mean for your business.
HOW WE HELP
Reviewing Your Registration Needs
We help you assess your business activities and turnover to understand whether GST registration is required.
GST Registration Assistance
Get support with the information needed for registration and guidance on the appropriate registration start date.
Understanding Your Responsibilities
We explain how registration affects your invoices, records, and BAS reporting, so you know what to prepare.
Ongoing Bookkeeping and BAS Support
Our team can continue supporting your business with bookkeeping and BAS preparation and lodgement after registration.
Clear Guidance From Registration to Reporting
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Start With Your Business Details
To help us understand your registration needs, have the following information ready for your consultation:
Your ABN, if you already have one.
Your business structure and main activities.
Your current sales figures and expected turnover.
Details of when your business started or plans to start.
Any existing GST registration details.
We will discuss your circumstances and explain any additional information needed.
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Be Ready for Your Next BAS
Once registered, you will need to account for GST on taxable sales, keep appropriate records, and report through your business activity statements. You may also be eligible to claim GST credits on business purchases.
The BAS Agents can help you organise your bookkeeping and reporting so your GST obligations become a manageable part of running your business.
Not Sure Whether It Is Time to Register?
Speak with The BAS Agents about your business and turnover. We will help you understand your GST registration needs and prepare for the next steps.
FREQUENTLY ASKED QUESTIONS
Common Questions About GST Registration
Does having an ABN mean I am registered for GST?
No. ABN registration and GST registration are separate. Having an ABN does not automatically register your business for GST.
Can I register if my turnover is below $75,000?
Yes, eligible businesses can register voluntarily. This also brings ongoing responsibilities, so it is helpful to understand the implications before deciding.
Is the GST threshold based on profit?
No. GST turnover is based on business income with certain exclusions, before deducting business expenses.
Will I need help with BAS after registering?
You can manage your own reporting or engage a registered agent. The BAS Agents offers BAS preparation and lodgement support if you would like ongoing assistance.