Using the deferred GST scheme could help you better manage your cash flow.
If you've had sales or contracts cancelled, you may need to adjust your GST.
GST returned goods rules apply to both domestic and low value overseas purchases.
GST is a 10% tax paid on most goods and services in Australia.
Know the GST requirements to help you get your activity statement right.
Check if you can claim GST credits on your business purchases.
Media: [How GST works and when to register for GST]http://tv.ato.gov.au/ato-tv/media?v=bd1bdiunj6q7e3 (Duration: 1:56)
Find out how GST works and if you need to register for GST.