Announcements
Looking for information on the JobKeeper extension? Check out our answers to common questions the community has been asking.

ATO Community

Re: Registering for GST part way through financial year

Highlighted

I'm new

Views 459

Replies 1

Hi there, 

 

I am not currently registered for GST. If I register for GST now will I need to pay GST on all previous income earnt this financial year or just the period between registration and EOFY?

 

Hope that makes sense, let me know if it doesn't!

Ben

1 ACCEPTED SOLUTION

Accepted Solutions
Highlighted

Most helpful response

Devotee

Replies 0

You can backdate your GST registration if you needed to be registered before now (e.g. you're over the threshold)

 

If you register now and select to report quuarterly you will report and pay GST from now onwards starting on your next BAS (Jan - March).

 

Theres some information on the website that might help you https://www.ato.gov.au/Business/GST/Registering-for-GST/

1 REPLY 1
Highlighted

Most helpful response

Devotee

Replies 0

You can backdate your GST registration if you needed to be registered before now (e.g. you're over the threshold)

 

If you register now and select to report quuarterly you will report and pay GST from now onwards starting on your next BAS (Jan - March).

 

Theres some information on the website that might help you https://www.ato.gov.au/Business/GST/Registering-for-GST/