Common GST codes

Set up your GST codes as you require them.

Tax Code Rate Description BAS reporting
SALES
GST 10% Goods and services tax G1
GST-free exports 0% Exports G2
GST-free 0% No tax applies G3
PURCHASES
GST on capital 10% Goods and services tax on capital items G10
GST-free capital 0% No tax on capital items G10
GST on non-capital 10% Goods and services tax on non-capital items G11
GST-free non-capital 0% No tax on non-capital items G11
BOTH SALES AND PURCHASES
Input taxed

 

 

G1, G4, G11
Input taxed - Net

 

 

G13
0% Out of Scope

0%

Nontaxable goods and services

N/A