Australian GST Calculator 2024
Calculate GST, prepare BAS returns, and manage business tax obligations
Quick GST Calculation
GST Calculation Result
GST Breakdown
GST Rate Information
- • Standard GST rate: 10%
- • GST-free: Basic food, medical, education, exports
- • Input-taxed: Financial services, residential rent
Important: This calculator provides general guidance only and should not replace professional tax advice. GST rules can be complex, especially for specific industries or transactions. Consult a qualified tax professional or the ATO for specific advice about your business circumstances. Always verify current rates and thresholds on the ATO website.
Australian GST & Business Tax Guide 2024
Overview
Why Use This Gst Calculator
Related Australian Calculators
Frequently Asked Questions
What is the GST rate in Australia?
The GST rate in Australia is 10% and applies to most goods and services. Some items are GST-free (like basic food, medical services, education) or input-taxed (like residential rent, financial services).
When do I need to register for GST?
You must register for GST if your business has a GST turnover of $75,000 or more ($150,000 for non-profit organizations). You can register voluntarily if your turnover is below these thresholds.
How do I calculate GST on GST-inclusive prices?
To find the GST amount in a GST-inclusive price, divide by 11. For example, $110 includes $10 GST ($110 ÷ 11 = $10). The GST-exclusive amount is $100.
What is a BAS and when is it due?
A Business Activity Statement (BAS) reports your GST, PAYG withholding, and other business taxes. Due dates are: monthly (21st of following month), quarterly (28 days after quarter end), or annually (28 February).
What business expenses can I claim GST credits for?
You can claim GST credits for business purchases where you pay GST, including equipment, supplies, professional services, and business travel. Keep proper tax invoices as evidence.