Question 1

What is the GST rate in Australia?

Accepted Answer

The Goods and Services Tax (GST) rate in Australia is 10% on most goods, services and other items sold or consumed in Australia.

Question 2

When do I need to register for GST?

Accepted Answer

You must register for GST if your business has a GST turnover of $75,000 or more ($150,000 for non-profits), or if you provide taxi or ride-sourcing services regardless of turnover.

Question 3

What is BAS and how often do I lodge it?

Accepted Answer

A Business Activity Statement (BAS) is used to report and pay GST, PAYG instalments, PAYG withholding and other tax obligations. Most small businesses lodge quarterly, but it can be monthly or annually depending on your turnover.

Question 4

What is Single Touch Payroll (STP)?

Accepted Answer

Single Touch Payroll is an ATO requirement to send payroll information — salaries, PAYG withholding and super — to the ATO each pay run. STP Phase 2 also includes additional fields like employment type and income type.

Question 5

What is the current super guarantee rate?

Accepted Answer

From 1 July 2025, the super guarantee rate is 12% of an employee's ordinary time earnings for the 2025-26 financial year.

Question 6

Do I need an ABN to issue invoices?

Accepted Answer

If you're carrying on an enterprise in Australia, you need an Australian Business Number (ABN) to issue tax invoices. Without one, your customers may be required to withhold 47% of the payment.

Australian GST Calculator

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