23 February 2018
Claiming GST credits can seem confusing, but there are a couple of simple things that can help you avoid some common mistakes.
1. Make sure you hold valid tax invoices for purchases above $82.50 (including GST)
For a tax invoice to be valid it needs to include the:
2. Keep good records
Good record-keeping practices can help you get your refund faster if we need to check your claim. Aside from obtaining valid tax invoices for GST purchases, some tips for keeping good records are to:
You can evaluate your current record-keeping practices by using our record-keeping evaluation tool.
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