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Hi @hraito,
Thanks for reaching out.
GST does not apply to JobKeeper Payments. You do not have to report JobKeeper payments for GST purposes such as on your BAS.
The JobKeeper payments you received are considered taxable income and need to be declared in your tax return as income.
If you have not withheld tax from these payments each fortnight, you may owe tax, and enter the PAYG Instalments system.
You can also view the JobKeeper guide for sole traders on our website.
I hope this helps.
Hi @hraito,
Thanks for reaching out.
GST does not apply to JobKeeper Payments. You do not have to report JobKeeper payments for GST purposes such as on your BAS.
The JobKeeper payments you received are considered taxable income and need to be declared in your tax return as income.
If you have not withheld tax from these payments each fortnight, you may owe tax, and enter the PAYG Instalments system.
You can also view the JobKeeper guide for sole traders on our website.
I hope this helps.
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