GST is a consumption tax of 10% on most goods, services and other items sold or consumed in Australia. It also includes imported goods, services and digital products.
GST started in Australia in July 2000. Since then, there has been no change to the 10% GST rate.
Generally, businesses and other organisations registered for GST will:
- include GST in the price they charge
- claim credits for the GST included in the price of goods and services they buy for their business.