• Identify your reporting and payment period

    Your reporting and payment period will be one of the following:

    • monthly
    • quarterly
    • annually (you can only use this option if you are voluntarily registered for GST).

    However, if paying quarterly, you have three reporting options:

    • option 1 pay and report your GST quarterly
    • option 2 pay your GST quarterly and report annually
    • option 3 pay a GST instalment quarterly and report annually.

    Report and pay GST monthly

    You must use this option if your turnover is $20 million or more. You may also choose to use this option if your turnover is less.

    If you report and pay GST monthly, you must report amounts at the following labels on your activity statement each month:

    • G1 (total sales)
    • G2 (export sales)
    • G3 (other GST-free sales)
    • G10 (capital purchases)
    • G11 (non-capital purchases)
    • 1A (GST on sales)
    • 1B (GST on purchases).

    See also:

    Quarterly options

    If you report and pay GST quarterly, you may choose option 1 or 2. Your activity statement will contain a label next to each of the options. Place an ‘X’ in the label next to the option you have chosen.

    If you are eligible to use option 3, and have elected to do so, your activity statement or instalment notice will contain a pre-printed instalment amount at G21.

    Option 1 – Report and pay GST quarterly

    Under this option, you must report amounts at the following labels on your activity statement each quarter:

    • G1 (total sales)
    • G2 (export sales)
    • G3 (other GST-free sales)
    • G10 (capital purchases)
    • G11 (non-capital purchases)
    • 1A (GST on sales)
    • 1B (GST on purchases).

    Sample: Option 1 on the activity statement

    Image of an activity statement, with 'Option 1: Calculate GST and report quarterly' selected.

    Option 2 – Pay GST quarterly and report annually

    Under this option, you must report amounts at the following labels on your activity statement each quarter:

    • G1 (total sales)
    • 1A (GST on sales)
    • 1B (GST on purchases).

    At the end of the financial year, we will send you an Annual GST information report, on which you must report amounts at the following labels:

    • G2 (export sales)
    • G3 (other GST-free sales)
    • G10 (capital purchases)
    • G11 (non-capital purchases).

    Sample: Option 2 on the activity statement

    Image of an activity statement, with 'Option 2: Calculate GST quarterly and report annually' selected.

    Option 3 – Pay a quarterly instalment and report annually

    Under this option, you must pay a GST instalment amount worked out by us (or varied by you) each quarter (or twice-yearly in special cases). At the end of the financial year we will send you an Annual GST return, on which you must report amounts at the following labels:

    • G1 (total sales)
    • G2 (export sales)
    • G3 (other GST-free sales)
    • G10 (capital purchases)
    • G11 (non-capital purchases)
    • 1A (GST on sales)
    • 1B (GST on purchases).

    The Annual GST return will also be used to account for any difference between your actual annual GST liability and the total of your instalment amounts for the year.

    Sample: Option 3 on the activity statement

    Image of an activity statement, with 'Option 3: Pay GST instalment amount quarterly' selected.

    See also:

    Report and pay GST annually

    You can only use this option if you are voluntarily registered for GST. That is, you are registered for GST and your turnover is under $75,000 ($150,000 for non-profit bodies).

    If you are eligible and have elected to report and pay GST annually, you do not need to report or pay any GST during the year. At the end of the financial year, you must report and pay any amount due. You must complete the following labels on your Annual GST return:

    • G1 (total sales)
    • G2 (export sales)
    • G3 (other GST-free sales)
    • G10 (capital purchases)
    • G11 (non-capital purchases)
    • 1A (GST on sales)
    • 1B (GST on purchases).

    See also:

      Last modified: 16 Mar 2016QC 17458