Registering for GST

As previously mentioned in our Basics of GST blog last year, you must register for GST if you run a business or other ‘enterprise’ and your GST turnover is $75,000 or more (for non-profit organisations the threshold is $150,000 or more). However, the exception to this rule is if you are a taxi driver then you must register for GST regardless of your turnover. Registering for GST is optional for those who run a business or enterprise where GST turnover is less than $75,000.

So how exactly do you work out your GST turnover to determine if you need to register? Your GST turnover is your gross business income (not your profit) and excludes:

  • GST you included in sales to your customers.
  • Sales that are not for payment and are not taxable.
  • Sales not connected with an enterprise you run.
  • Input-taxed sales you make.
  • Sales not connected with Australia.

If your business is not registered for GST, it’s important that you check each month to see whether you have reached the GST turnover threshold. You must register within 21 days of reaching the threshold or you may face consequences from the ATO.

You reach the GST turnover threshold if either:

  • Your turnover for the current month and the previous 11 months is $75,000 or more
  • Your turnover for the current month and the next 11 months is likely to be $75,000 or more

When you are working out your projected GST turnover, don’t include amounts you received for the sale of a business asset (eg. capital asset) or for any sale you made, or are likely to make, solely as a consequence of ceasing or substantially and permanently reducing the size of your business. It’s also important to note that as members of a GST group, your turnover includes the turnover of the other group members (but it does not include transactions between group members).

There are many ways to register for GST such as online or by form. One of the easier ways is through an agent such as Fortis Accounting Partners. We are able to help you through the registration process to leave you free from the complications. Also, one you are registered for GST, you will need to lodge a Business Activity Statement (BAS). Fortis Accounting Partners will work with you and lodge your BAS on your behalf.

For more information on registering for GST please refer to the ATO website or get in touch with the team here at Fortis Accounting Partners.  You can reach us on 02 9267 0108, or via


Free Consultation.

For a free 15 minute consultation – Speak to an accountant today to see how we can help you.

Online Enquiry

Do you want to get in touch now?

Please call us on (02)9267 0108 or simply leave a message below for one of our accountants to call you back.

Reshika Kumar

Administration Officer

With her kind, caring and approachable nature, Reshika never fails to provide a positive, welcoming experience for our clients, assisting them as they walk in our door or call our office. She understands the power of customer service and is always willing to lend a hand.

With her fun and relaxed personality, Reshika is incredibly creative, especially when it comes to finding solutions for evolving challenges, from financial matters to marketing requirements and beyond. Holding a Masters of Business Administration with a major in Marketing and significant experience in the banking industry, Reshika has a unique combination of skills which makes her a real asset to Fortis.

Reshika is motivated to reach new heights, take risks and develop her career by working alongside Bernadette, our Client Administration Manager, and having the opportunity to learn new things such as new platforms and procedures.

Reshika is passionate about fitness and does not miss an opportunity to take advantage of the gym. Despite Reshika’s relaxed personality it all goes out the door when card or board games are involved!