How do I charge GST & QST for my freelancing?
If you’re registered for GST, you’ll need to charge GST at 15% on most taxable supplies you make. This means you pay 15% of the price you charge for your goods and services to us. You can do this by either: adding GST to your prices (for example, $100 plus GST for a total of $115)
How much GST do I charge in Australia?
10%
Goods and services tax (GST) is a tax of 10% on most goods, services and other items sold or consumed in Australia. If your business is registered for GST, you have to collect this extra money (one-eleventh of the sale price) from your customers.
How do I add GST to my ABN?
Once you have an ABN, you can register for GST:
- via Online services for business.
- by phone on 13 28 66.
- through your registered tax agent or BAS agent.
- by completing the Add a new business account (NAT 2954) form. You can order a form using our online publication ordering service.
How do I invoice as a sole trader?
Invoices usually include:
- your business name.
- a unique invoice number.
- your business contact details.
- your Australian business number (ABN)
- the date you issued the invoice.
- a brief list of the items sold, including quantity and price.
- the GST amount (if any)
- payment terms and details.
How do you bill a client?
How to Bill a Client
- Create a (Verbal or Paper) Contract. Before you even begin working with a client, it’s important to have a mutual agreement in place. …
- Use a Template for Your Invoices. …
- Simplify the Payment Process. …
- Don’t Hesitate to Send Out Invoices. …
- Don’t Be Too Shy to Follow Up. …
- Being a Professional in Billing Clients.
How do I invoice if I am not VAT registered?
How to invoice if you are not VAT registered
- Business name and contact information.
- Client name and contact information.
- Unique invoice number.
- Issue date and due date.
- Itemised list of services or products provided and their costs.
- Total cost.
- Payment terms and conditions.