GST for not-for-profit organisations


The below information outlines the requirements for not-for-profit organisations in regards to GST, applying for GST, and the benefits/concessions of doing so if you choose to voluntarily register (if your station earns less than $150,000 per annum).

What is Goods and Services Tax (GST)

Not-for-profit (NFP) organisations must register for goods and services tax (GST) if their GST turnover is $150,000 or more and can choose to register if their GST turnover is lower.

The Tax basics for not-for-profit organisations guide also provides some more detail on GST and other related tax issues.

GST Essentials

The ATO explains how GST works, how to register and when and when not to charge for GST - amongst other things!

GST - which not-for-profits need it, how to apply and when to apply

The above information is from the NFP Law Hub and explains how to determine if your station needs to be registered for GST and how to go about it. It also explains GST concessions.

Simpler BAS is now here for most NFP organisations

As of July 2017, less information is needed on your business activity statement (BAS). This means a simpler GST reporting method for all not-for-profit organisations with a GST turnover of less than $10 million. This means that you only need to report your:

  • total sales
  • GST on sales
  • GST on purchases.
Simpler BAS GST bookkeeping guide

The Simpler BAS GST bookkeeping guide is designed to assist small business with the classification of sales and purchases for GST, and to help clarify the most common and confusing GST transactions.