gst act Flashcards
1
Q
GST ACT 1999(WA)
A
Goods and Services Tax(GST Act 1999) is a broad-based tax of 10% that is charged on most goods and services
2
Q
GST ACT 1999(WA) 2
A
A business that has annual sales of 75000 or more must register with Australian Tax Office to collect GST and must charge GST on the products and services it provides, unless they are deemed Gst free
3
Q
How much annual sales does a non profit business have to make to register for gst?
A
150,000
