• GST instalments

    If you elect to pay GST by instalments, you pay a quarterly amount that we work out and you report your actual GST information on an annual GST return.

    If you're eligible to pay by instalments, we'll print the advised instalment amount on your September quarter activity statement. You are eligible 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.

    To pay by instalments you simply select the instalments option on your September quarter activity statement and lodge it by the due date, along with your payment. You'll then pay GST by instalments for the remainder of the financial year.

    We work out your instalment amount based on the net GST amounts you most recently reported, generally for the past income year, depending on how long you've been registered for GST.

    If you think that using this amount will mean you pay more (or less) than the GST liability you expect for the year, you can vary it.

    The GST instalment amount is only for GST. If you have other tax obligations on your activity statement, such as pay as you go (PAYG) withholding or PAYG instalments, you must still report and pay these.

    Next steps:

    See also:

      Last modified: 22 Jun 2017QC 16380