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GST for food retailers – Simplified accounting methods

Describes the simplified GST accounting methods (SAMs) for food retailers and explains when they can be used.

Last updated 22 October 2019

Five simplified accounting methods (SAMs) have been designed for food retailers that buy and sell a mixture of products, where some are taxable and some are GST-free.

You can choose one of these SAMs to help work out your GST for each tax period. If you decide to use a SAM, you must tell us the method you are going to use.

You can't use these methods to set your prices. You must set your prices in line with the Australian Competition and Consumer Commission's (ACCC's) guidelines.