GST and annual private apportionment

Copies of this publication

You can download a printable version of GST and annual private apportionment (NAT 12877) [371KB] in Portable Document Format (PDF).

Terms we use

When we say:

• purchase, we mean the GST term acquisition
• annual turnover, we mean your aggregated turnover, that is the amount you use to work out your eligibility for some small business concessions (including the turnover of businesses you are connected with)
• GST turnover, we mean the turnover figure you use to work out if you need to be registered for GST (not including the turnover of businesses you are connected with)
• GST credit, we mean the GST term input tax credit
• payments (made or received), we mean the GST term consideration
• increasing adjustments, we mean an adjustment that you will need to make at the end of the year to repay some of the GST credits you have claimed
• decreasing adjustments, we mean an adjustment that you will need to make at the end of the year to claim back some of the GST credits you have paid.