• 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)

    If paying quarterly, there are three reporting methods:

    Report and pay GST monthly

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

    If you have a GST turnover of less than $10 million, you report monthly using Simpler BAS.

    You report amounts only at the following labels on your Simpler BAS activity statement:

    • G1 Total sales
    • 1A GST on sales
    • 1B GST on purchases

    If you report and pay GST monthly and your turnover is $10 million or more, 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 reporting methods

    If you report and pay GST quarterly and you are eligible, you will default to Simpler BAS reporting – unless you currently report GST using instalments.

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

    Full reporting – report and pay GST quarterly

    Under the full reporting method, 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)
    Simpler BAS – pay and report GST quarterly

    With Simpler BAS reporting, you only report amounts at the following labels on your activity statement each quarter:

    • G1 (total sales)
    • 1A (GST on sales)
    • 1B (GST on purchases)
    GST instalments reporting – pay a quarterly instalment and report annually

    With the GST instalments reporting method, 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)
    • 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.

    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, your turnover is under $75,000 ($150,000 for not-for-profit bodies), and you have not elected to pay by instalments.

    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)
    • 1A (GST on sales)
    • 1B (GST on purchases)

    See also:

      Last modified: 30 Jun 2017QC 17458