GST is a consumption tax at 10% on most goods, services and other items sold or consumed in Australia. It also includes imported goods, services and digital products.
GST started in Australia in July 2000 with a 10% GST rate. There have been some changes to the goods and services subject to the GST but there has been no change to the GST rate.
Generally, businesses and other organisations registered for GST will:
- include GST in the price they charge for their goods and services
- claim credits for the GST included in the price of goods and services they buy for their business.