05/11/2025
Go to the best! If you want the most π
BAS & GST β What You Need to Know
Running a business in Australia?
You may need to register for GST and lodge your BAS regularly!
π° GST (Goods & Services Tax) β A 10% tax on most goods and services sold in Australia.
π BAS (Business Activity Statement) β The report you lodge with the ATO to declare and pay GST, PAYG, and other tax obligations.
β
Register for GST if:
Your turnover is $75,000+ ($150,000+ for non-profits)
You provide ride-sourcing/taxi services (e.g. Uber, DiDi, Ola)
You choose to register voluntarily to charge GST and claim credits
π Lodge your BAS monthly, quarterly, or annually β even if you have no sales during the period.
π Need help lodging?
Contact KTD Business β Registered Tax Agent.
Weβll keep your business ATO-compliant and stress-free!