• GST reporting methods (quarterly payers)

    This information is for you if you report and pay your GST quarterly.

    1: Calculate and report GST quarterly – Full reporting

    This is available to all quarterly businesses with a GST turnover of $10 million or more. This reporting method allows you to calculate and report all the GST labels in your BAS and pay your actual GST amounts quarterly.

    2: Calculate and report GST quarterly – Simpler BAS

    This is the default reporting method for businesses with a GST turnover of less than $10 million. This method allows you to only calculate and report G1, 1A and 1B in your BAS and pay your actual amounts quarterly.

    3: Pay GST instalment amount and report annually

    This option is available if you:

    • carry on a business with an aggregated turnover of less than $10 million
    • do not carry on a business but your GST turnover is $2 million or less.

    This reporting method allows you to pay a pre-determined GST instalment amount quarterly and to report your actual GST information annually. To be eligible, you need to have reported actual GST amounts for at least four months (for example, two quarterly business activity statements) and you can't be in a net refund position.

    See also:

    Last modified: 30 Jun 2017QC 33685