This GST calculator helps Australian SMEs estimate GST on exports and imports to ensure ATO compliance and accurate reporting.
Enter transaction type, value, and details (e.g., customs for imports) in AUD to get GST status, amounts, and net effect.
Use it for quoting, BAS preparation, or financial planning.
Purpose:
Designed for Australian small and medium enterprises (SMEs), exporters, and importers, this tool estimates GST applicability based on ATO rules. It covers GST-free exports, taxable imports, reverse charge for services/digital products, and input tax credit claims. Ideal for quick checks during international trade or BAS preparation.
Tips for Ongoing Use:
Bookmark this page (Ctrl+D or Cmd+D) for quick access during invoicing or BAS lodgment. Update inputs with actual figures from invoices or customs documents for precision!
Understanding GST on Exports/Imports Basics:
Exports are typically GST-free if conditions are met: goods must be exported within 60 days of payment or invoice; services must be supplied to a non-resident outside Australia, consumed outside, or connected with goods outside Australia. Imports attract 10% GST on taxable value (customs value + transport + insurance + duty). Low-value imports (customs value ≤$1,000) are GST-free for GST-registered businesses but may have GST applied by suppliers for consumers. Imported services/digital products are taxable via reverse charge for GST-registered businesses, with credits available if used for taxable supplies, often netting to zero. Refer to ATO guidelines for details.
Key Components:
1. Transaction Type: Select export/import and goods/services/digital.Transaction Value: Price of goods/services in AUD (excluding GST).
2. Additional for Imports: Customs value (FOB price of goods), transport/insurance, customs duty.
3. Conditions: GST registration, creditable purpose (business use for taxable supplies), export-specific rules (e.g., 60 days for goods, non-resident for services).
Benefits for SMEs:
This calculator aids in pricing exports competitively, managing import costs, and simplifying BAS reporting (e.g., G2 for GST-free exports, G10/G11 for imports). Explore Scale Suite’s finance services for expert GST support.
ATO Adherence:
This tool uses ATO-compliant formulas (e.g., GST = 10% of taxable value for imports; GST-free for qualifying exports). This is an estimate only and does not constitute tax advice. GST rules vary; always confirm with ATO or a tax professional for your specific situation, especially for low-value imports or complex transactions.
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