GST (goods and services tax) is a broad-based tax at 10% on most goods and services sold or consumed in Australia.
GST commenced in Australia in July 2000 with a 10% GST rate. There have been some changes to the types of goods and services subject to GST. For example, the sale of imported digital products (downloaded movie and games) and digital services (online educational courses and legal advice) became subject to GST in 2017. There has been no change to the GST rate.
Generally, businesses and individuals registered for GST will:
- include GST in the price they charge for their goods and services
- claim credits for the GST included in the price of goods and services they buy for their business.