eInvoicing and digital invoicesĪ tax invoice doesn't need to be issued in paper form.įor example, you can issue a tax invoice to a customer by: GST 2001/8 Goods and services tax: Apportioning the consideration for a supply that includes taxable and non-taxable parts provides more detail about apportioning. Use ASIC's MoneySmart GST calculator External Link to calculate the amount of GST you will pay or should charge customers. Items are non-taxable if they are GST-free or input-taxed. Taxable and non-taxable salesĪ tax invoice that includes taxable and non-taxable items, must clearly show which items are taxable. GSTR 2013/1 Goods and services tax: tax invoices sets out the information requirements for a tax invoice in more detail. If you supply or receive an invoice that only has a figure at a wine equalisation tax-goods services tax (WEG) label, you need further information to claim GST credits and for it to be considered a valid tax invoice. extent to which each sale on the invoice is a taxable saleĮxample 2: Tax invoice for a sale of $1,000 or more.GST amount (if any) payable – this can be shown separately or, if the GST amount is exactly one-eleventh of the total price, as a statement which says 'Total price includes GST'.brief description of the items sold, including the quantity (if applicable) and the price.

seller's Australian business number (ABN).document is intended to be a tax invoice.Tax invoices for taxable sales of less than $1,000 must include enough information to clearly determine the following 7 details: the sale type (for example, a sale that includes both taxable and non-taxable items).The information a tax invoice must include depends on: If a customer asks for a tax invoice, you must provide one within 28 days, unless it is for a sale of $82.50 (including GST) or less. When you make a taxable sale of more than $82.50 (including GST), your GST-registered customers need a tax invoice to claim a GST credit.

Free online invoice template word