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mxlwryy(Newbie)Newbie
10 Oct 2023

Do i need to register for GST if i earn income on residential rental income earning over $75,000 yearly?

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1 replies
1,933 views
1 replies

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Most helpful reply

AlliATO(Community Support)Community Support
11 Oct 2023

Hi @mxlwryy


Generally, rental income from residential premises is classed as an input-taxed sale and you don’t include GST in the rent you charge.


When you’re Working out your GST turnover you don’t include any input-taxed sales you make (residential rental income) to work out what your threshold is.


If the rental income is the only source of business income you have, then you would not need to register for GST. 

All replies

Most helpful reply

AlliATO(Community Support)Community Support
11 Oct 2023

Hi @mxlwryy


Generally, rental income from residential premises is classed as an input-taxed sale and you don’t include GST in the rent you charge.


When you’re Working out your GST turnover you don’t include any input-taxed sales you make (residential rental income) to work out what your threshold is.


If the rental income is the only source of business income you have, then you would not need to register for GST. 

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GST on residential rental property earning over $75,000 | ATO Community