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GST and vouchers

How to account for and report goods and services tax (GST) on vouchers.

Last updated 12 April 2021

This information is for businesses that sell or buy vouchers. It explains how to account for vouchers in your activity statements.

A voucher:

  • is a token, stamp (not a postage stamp), coupon or similar article, or a prepaid phone card or facility
  • has a stated monetary value, which may be 
    • printed on the voucher
    • printed on documents accompanying the voucher
    • a top up amount for a phone card
    • can be redeemed for other goods or services. 

Find out about

Reporting voucher sales

Generally, if you sell a voucher for a stated monetary value and the holder is entitled to redeem it for goods or services up to that value, you don't account for the voucher on your activity statement until it's redeemed.

When a voucher is redeemed in full for goods or services you sell, the payment for the sale is the stated monetary value of the voucher and any additional payment received.

See also

  • When and how to report and pay GST
  • GSTR 2003/5 Goods and services tax: vouchers for circumstances where  
    • the price of the voucher exceeds its stated monetary value
    • the voucher does not have a stated monetary value
    • the voucher is not redeemed
    • the voucher is only partially redeemed. 

Reporting voucher purchases

Generally, you claim input tax credits in your activity statement for the reporting period you redeem a voucher, not the reporting period when you buy it.

If you buy a voucher and then use the voucher to get something that is a taxable supply, you're entitled to claim a GST credit if that purchase is used in your business.

You're not entitled to claim a GST credit for that purchase if it either:

  • relates to making input taxed sales
  • is of a private or domestic nature.

If you have unredeemed vouchers, you may need to do an increasing adjustment.

See also