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  • 1.1.1 Are bodies corporate required to register for GST?

    For source of ATO view, refer to:

    • paragraphs 222 to 232 of MT 2006/1 The New Tax System: the meaning of entity carrying on an enterprise for the purposes of entitlement to an Australian business number
    • general application of the principles in GSTR 2001/7 Goods and Services Tax: meaning of GST turnover, including the effect of section 188-25 on projected GST turnover.

    ATO position

    The GST Act requires that an entity be registered if its turnover meets or exceeds the registration turnover thresholds of $75,000, or $150,000 for non-profit bodies. A body corporate is an entity for GST purposes.

    Division 188 GST Act requires that both current GST turnover and projected GST turnover be considered in determining the registration threshold but supplies that are input taxed, not for consideration or not carried on in connection with an enterprise, are not included in the calculation. Turnover includes GST-free supplies and levies on unit owners.

      Last modified: 05 Aug 2016QC 16473