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  • GST

    乐多多官网if your not-for-profit (nfp) organisation's turnover is $150,000 or more, you must register for gst. you can choose to register even if your gst turnover is lower than this.

    generally, organisations registered for gst will:

    • remit GST to the ATO for their sales of goods and services
    • claim credits for the GST included in the price of goods and services bought in carrying on its activities.

    if your organisation has a turnover of less than $150,000, it can choose to voluntarily register for gst. this decision should be made based on the administrative needs of your organisation.

    generally, an organisation that registers for gst must stay registered for at least 12 months, even if its gst turnover is less than $150,000.

    乐多多官网there are gst concessions available to your nfp organisation.

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    Last modified: 13 Apr 2018QC 33587
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