Australia - Taxes

[HeleneB]

In Australia:

GST essentials:
Goods and Services Tax (GST) is a broad-based tax of 10% on most goods, services and other items sold or consumed in Australia.

If the goods or services are "consumed" outside Australia the 10% does not apply.

see link to Australian tax office ATO)

http://www.ato.gov.au/Businesses/pathway.asp?pc=001/003/022


thanks

[itec]

All products and services sold in Australia have 10% GST excluding FRESH fruit and vegetables
vouchers, wrapping, handling, shipping all have a 10% GST

The advertised product price must include GST.

Invoices for sales under $1000 must contain:
1 the words ‘tax invoice’ stated prominently
2 the seller’s name
3 the seller’s ABN
4 the date the tax invoice was issued
5 a brief description of the items sold
6 the GST-inclusive price of the taxable sale
7 the GST amount – this can be shown separately or, if the GST to be paid is exactly one-eleventh of the total price, as a statement such as ‘Total price includes GST.’

Invoices for sales OVER $1000 must contain:
1 the words ‘tax invoice’ stated prominently
2 the seller’s name
3 the seller’s ABN
4 the date the tax invoice was issued
5 the buyer’s name
6 the buyer’s address or ABN
7 a brief description of the items sold
8 for each description, the quantity of the goods or the extent of services sold
9 the GST-inclusive price of the taxable sale
10 the GST amount – this can be shown separately or, if the GST to be paid is exactly one-eleventh of the total price, as a statement such as ‘Total price includes GST.’

Most business use the over $1000 statement gerally the the GST ammount is printed so for total you have
GST : $30
TOTAL : $330

GST must be labeled as GST labbeling it as TAX is not allowed

GST FOR SMALL BUSINESS
Source: http://www.ato.gov.au/download.asp?file=/content/downloads/bus20724nat3014072009.pdf
LEGAL REQUIREMENTS FOR INVOICING
http://law.ato.gov.au/atolaw/DownloadNoticePDF.htm?DocId=GST/GSTR200017/NAT/ATO/00001&filename=pdf/pbr/gstr2000-017c4.pdf&PiT=99991231235958

[Nathan]

It must also be noted that GST can only be collected and included in an items price if the seller is registered for GST.

GST registration is only compulsory if the selling entities annual turnover exceeds $75,000 AUD

http://www.ato.gov.au/Businesses/content.asp?doc=/content/20724.htm&page=5

[Matthieu Biart]

Hi everyone!

Thank you for all those details :-)

Edit: You're right Jeremy, stupid french background :blank:

[jeremy]

you're welcome. the closer the cart can suit regional requirements without being confusing the better.

i think the word you are looking for to replace 'precisions' would be details all good though, still got the message through.

[stelios1]

Stupid question.
How do I edit via the back office for my invoices to comply with AUS requirements?