Glossary
GST (Goods and Services Tax)
Australia's broad-based tax of 10% on most goods, services, and other items sold or consumed in Australia, relevant to pricing and registration for growing sellers.
GST (Goods and Services Tax) is a 10% tax applied to most goods and services sold in Australia. Businesses registered for GST generally need to include it in their displayed prices and remit it to the ATO.
Registration becomes compulsory once a business's turnover exceeds the ATO's current threshold, though voluntary registration below that threshold is also possible in some circumstances.
For Australian sellers, this affects pricing and tax records. Consumer prices are generally displayed inclusive of GST where GST applies, but sellers should confirm their obligations with the ATO or a qualified adviser.
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