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GST – completing your activity statement

how to complete instalment activity statement

For GST, Luxury Car Tax and Wine Equalisation Tax purposes, from 1 July 2015, where the term ‘Australia’ is used in this document, it is referring to the ‘indirect tax zone’ as defined in subsection 195-1 of the GST Act.

Your activity statement is personalised to your business and is based on your GST registration details. It is important that you report on the form that we send you. We will send it to you with sufficient time for you to complete it before you need to lodge it.

From 1 July 2012, a self-assessment system applies to indirect tax laws. When you lodge your activity statement for a tax period that starts after that date, it becomes a notice of assessment issued on the day you lodge.

What you need to do, depending on whether you are new to completing the GST section of your activity statement, you are new to these instructions or you simply need to correct or adjust a previous statement.

We take you through six steps to complete G1 to G20 and 1A and 1B on the back of the statement.

How to lodge and pay, what to do if you can't lodge and pay on time, refunds.

Sam reports his GST on a quarterly basis and accounts on a cash basis. He has chosen to use the calculation worksheet method to complete his activity statement.

Some technical terms used in these instructions may be new to you. They are explained in the list of Definitions .

Category: Forex

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