Register for GST - stonebranch.com.au
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Register for GST

Registering for GST

Do you need to register?

You must register for GST if:
  • your business or enterprise has a GST turnover (gross income minus GST) of $75,000 or more
  • your non-profit organisation has a GST turnover of $150,000 per year or more 
  • you provide taxi or limousine travel for passengers in exchange for a fare as part of your business, regardless of your GST turnover – this applies to both owner drivers and if you lease or rent a taxi
  • you want to claim fuel tax credits for your business or enterprise.
If your business or enterprise doesn’t fit into one of the above categories, registering for GST is optional. However, if you choose to register, you generally must stay registered for at least 12 months.
See here to work out your GST turnover

When do you register?

You can register for GST when you first register your business or at any later time.
 
If you’ve just started a new business and expect it to reach the GST turnover threshold or more in its first year of operation, you should register for GST.
 
If you’re not registered for GST, check each month to see whether you’ve reached the threshold, or are likely to exceed it. If your turnover exceeds the relevant threshold, you must register within 21 days of reaching it.
 
You only register once for GST, even if you operate more than one business.
 
If you do not register for GST and you are required to do so, you may have to pay GST on the sales you have made since the date you became required to register – even if you did not include GST in the price of those sales. You may also have to pay penalties and interest.

How to register

When you register for GST you’ll need an Australian Business Number (ABN).
You can register for GST: