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GST Registration

Starting a business in Australia involves understanding and adhering to several regulatory requirements, with Goods and Services Tax (GST) registration standing out as a critical element.

Understanding your obligations and the advantages of GST registration is crucial for any business in Australia. By meeting these requirements and keeping precise records, your business can remain compliant with the Australian tax system while capitalising on the benefits associated with GST registration.


At HelloLedger, we are dedicated to assisting your business with efficient GST management. Our team of expert accountants can guide you through the complexities of the registration process and help maintain compliance, ensuring that you maximize the potential benefits.

This page provides a detailed overview of GST registration, explaining the reasons, timing, and methods involved in this essential process.

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Why and When to Register for GST in Australia?

The Goods and Services Tax (GST) is a broad-based tax of 10% applied to most goods, services, and other items sold or consumed within Australia. While it introduces an additional layer of administration, registering for GST is obligatory for businesses that meet specific criteria.

Reaching the GST Turnover Threshold

If your business achieves an annual turnover of $75,000 or more ($150,000 for non-profits), you must register for GST.

Voluntary Registration

Businesses with turnover below the threshold may opt for voluntary registration. This choice can be advantageous if you wish to reclaim GST credits on business-related purchases, so for businesses whose supplies are GST Free by law.

Engagements with GST-Registered Businesses

Registering for GST is beneficial if you engage with other GST-registered entities, as it allows you to claim input tax credits for GST paid on business inputs.

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The Benefits of GST Registration

Registering for GST offers several advantages that can enhance business operations and credibility:

Claiming Input Tax Credits

Businesses registered for GST can claim credits for the GST paid on goods and services used within their operations, effectively reducing the cost of these inputs.

Enhanced Credibility with Suppliers and Clients

GST registration may boost your business's credibility, particularly when transacting with larger corporations or government entities.

Access to Tax Schemes

GST-registered businesses might be eligible for various tax concessions and benefits, helping to streamline tax compliance and potentially reduce tax liabilities.

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GST Registration FAQs

  • What is GST?

  • GST (Goods and Services Tax) is a 10% tax applied to most goods, services, and other items sold or consumed within Australia.

  • When do I need to register for GST?

  • You must register for GST if your business’s expected GST turnover (gross income minus GST) exceeds $75,000 per financial year. For not-for-profit entities, this threshold is $150,000. Additionally, providers of ride-sourcing services (e.g., Uber, taxis) must register for GST regardless of their turnover.

  • Is there such thing as a GST registration number?

  • Yes, your GST registration number is the same as your Australian Business Number (ABN), which can be found on the government's ABN Lookup website (

  • Why should I register for GST?

  • Eligibility for an ABN is generally open to entities carrying out or starting an enterprise in Australia. This includes sole traders, companies, partnerships, non-profit organisations, trusts, and more. Entities must be carrying on an enterprise in Australia to qualify.

  • Should I use the cash or accruals reporting method for GST?

  • The choice between cash or accruals reporting methods depends on your business's cash flow dynamics. Small businesses often use the cash method as it aligns GST liabilities with cash flow, making financial management easier. The accruals method is typically used by larger businesses or those where transactions are not settled immediately.

  • What happens if I don’t register for GST when I am required to do so?

  • You should update your ABN details whenever there are changes to your business, such as a new business address, change in ownership, or alteration in the nature of your business. Regular updates ensure compliance and accuracy in the business register.

  • Can I register for GST if my business turnover is below the threshold?

  • Yes, registration for GST is voluntary if your turnover is below the threshold. This can be advantageous for claiming GST credits early in your business lifecycle.

  • Are there any GST-exempt goods and services in Australia?

  • Yes, certain goods and services are exempt from GST in Australia, including most basic foods, some healthcare services, and specific educational courses.

  • How often do I need to file my GST returns?

  • Businesses typically need to lodge their Business Activity Statement (BAS) and pay GST quarterly. However, businesses with a higher turnover over $20 million may be required to lodge and pay monthly.

  • Is getting an ABN the same as being registered for GST?

  • No, obtaining an ABN and registering for GST are distinct processes. All businesses need an ABN, but only those with a GST turnover of $75,000 or more are required to register for GST. For more information about GST registration, see the ATO page about registering for GST.

  • What are the rules for GST on online sales?

  • GST applies to online sales of goods and services just as it does to traditional sales. If you are selling digital products or services to Australian consumers and exceed the GST threshold, you must register for and charge GST.

  • Can I claim GST credits for all business-related purchases?

  • If your business is registered for GST, you can claim GST credits for any business-related purchases that include GST in the price, provided you have valid tax invoices.

  • What documentation do I need to register for GST?

  • To register for GST, you'll need your Australian Business Number (ABN), business identification details, proof of business activity, and personal identification details of the business owners or directors.

  • What about costs that have a part private use?

  • You can claim GST credits for the business portion of purchases that have a part private use. You will need to calculate and document the percentage of the cost that relates to business use.

  • What is the difference between ABN and GST registration?

  • An ABN (Australian Business Number) is required for all entities conducting business in Australia, serving as a public identifier. GST registration is specifically for businesses that meet certain turnover thresholds or criteria and involves additional reporting and tax collection responsibilities.

  • How do I deregister for GST?

  • If your business no longer meets the turnover threshold or stops operating, you may need to cancel your GST registration. This can be done through the Australian Business Register website or by contacting the Australian Taxation Office directly, or your registered tax agent can do this for you.

  • How does GST registration affect my invoicing?

  • Once registered for GST, you must include GST in the prices of eligible goods and services you sell, and your invoices must be tax invoices with specific details to enable your customers to claim GST credits.

  • Can GST registration be backdated?

  • Yes, in very limited circumstances, GST registration can be backdated. However, this usually requires that the business should have been registered earlier based on its turnover or activities. You may need to account for GST on sales made since the effective date of registration.

  • What are the invoice requirements if I am registered for GST?

  • Once registered for GST, your invoices must be 'tax invoices.' Tax invoices need to include specific information such as the Australian Business Number (ABN) of the seller, the GST amount charged, a description of the goods or services provided, and the date of the invoice. This allows your customers who are also registered for GST to claim GST credits.

  • What are the invoice requirements if I am not registered for GST?

  • If you are not registered for GST, you should not charge GST on your invoices, and your invoices should not reference GST. These invoices should still include essential details such as your ABN, a description of the goods or services, the price, and the date of the invoice, but must clearly state that no GST has been charged.

  • Who can help with my GST registration?

  • If you're looking to register for GST, a registered tax agent like HelloLedger, is qualified. HelloLedger offers comprehensive support for GST registration, guiding you through each step, from understanding your obligations to submitting your application., complying with all regulatory requirements. 

  • What are the penalties for not complying with GST obligations?

  • Non-compliance with GST obligations can result in administrative penalties, interest charges on unpaid GST, and in severe cases, legal action. Penalties are typically calculated based on the amount of GST owed and the period of non-compliance.

Get in Touch

Ready to say Hello to hassle-free accounting and tax services and Goodbye to worries? 

Contact us at HelloLedger and let’s embark on the journey to financial clarity and success together.

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