Tools / Australian Finance Tools / GST & BAS Tracker
Australian GST & BAS Tracker
Calculate your GST liability, input tax credits and net BAS payment for any quarter.
📊 GST & BAS Tracker
Frequently Asked Questions
Who needs to register for GST in Australia?
You must register for GST if your business turnover is $75,000 or more per year (or $150,000 for non-profit organisations). Ride-sharing drivers must register regardless of turnover. Once registered, you charge 10% GST on taxable sales and can claim back GST you paid on business expenses.
What is the GST rate in Australia?
The Goods and Services Tax (GST) rate in Australia is 10%. It applies to most goods and services. Exempt items include basic food, medical services, educational courses and residential rent.
How often do I need to lodge a BAS?
Most small businesses lodge a BAS quarterly (July-September, October-December, January-March, April-June). Annual lodgement is available for businesses with GST turnover under $75,000. Large businesses with turnover over $20 million lodge monthly.
What is the difference between GST collected and GST credits?
GST collected (also called GST on sales) is the 10% GST you charge customers and owe to the ATO. GST credits (input tax credits) is the 10% GST you paid on business expenses that you can claim back. Your BAS payment is GST collected minus GST credits.