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BAS Practice Form Australia

GST calculation worksheet for BAS provides instructions for calculating GST amounts owed and refunds owed for a tax period. It includes: 1) Calculating total sales and sales subject to GST by accounting for export, GST-free, and input taxed sales. 2) Calculating total purchases and purchases subject to GST by accounting for capital/non-capital purchases and those without GST or for private use. 3) Determining GST amounts owed on sales and GST owed on purchases, which are entered in the corresponding sections of the BAS form.

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540 views1 page

BAS Practice Form Australia

GST calculation worksheet for BAS provides instructions for calculating GST amounts owed and refunds owed for a tax period. It includes: 1) Calculating total sales and sales subject to GST by accounting for export, GST-free, and input taxed sales. 2) Calculating total purchases and purchases subject to GST by accounting for capital/non-capital purchases and those without GST or for private use. 3) Determining GST amounts owed on sales and GST owed on purchases, which are entered in the corresponding sections of the BAS form.

Uploaded by

Daniel
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
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GST calculation worksheet for BAS Tax period

(If you want to use the calculation sheet method to


work out GST amounts) Name

You can find information to help you complete this calculation worksheet on our website ato.gov.au/GSTforBAS

Do not lodge the calculation sheet with your BAS.


We recommend you file it with a copy of the BAS to which it relates. Show amounts
at these labels
GST amounts you owe the Tax Office from sales on your BAS

G1 Total sales (including any GST) G1  $ 0 G1 on the BAS

How much of your total sales (G1) are:

G2 Export sales G2  $ 0 G2 on the BAS

G3 Other GST-free sales G3  $ 0 G3 on the BAS

G4 Input taxed sales G4  $ 0

G5 G2 + G3 + G4 G5  $ 0

G6 Total sales subject to GST (G1 minus G5) G6  $ 0

G7 Adjustments (if applicable) G7  $ 0

G8 Total sales subject to GST after adjustments (G6 + G7) G8  $ 0


1A in the
Summary section
G9 GST on sales (G8 divided by eleven) G9  $ 0 of the BAS

GST amounts the Tax Office owes you from purchases


G10 Capital purchases G10  $ 0 G10 on the BAS
(including any GST)
G11 Non-capital purchases G11  $ 0 G11 on the BAS
(including any GST)
G12 G10 + G11 G12  $ 0

How much of your purchases (G10 and G11) are:


G13 Purchases for making input G13  $ 0
taxed sales
G14 Purchases without GST G14  $ 0
in the price
G15 Estimated purchases for private use G15  $ 0
or not income tax deductible
G16 G13 + G14 + G15 G16  $ 0

G17 Total purchases subject to GST (G12 minus G16) G17  $ 0

G18 Adjustments (if applicable) G18  $ 0

G19 Total purchases subject to GST after adjustments (G17 + G18) G19  $ 0 1B in the
Summary section
G20 GST on purchases (G19 divided by eleven) G20  $ 0 of the BAS

Now go to the GST section on the front of the BAS and follow the
Reset form instructions on the form. You will need to transfer amounts from
this calculation sheet to the BAS.

NAT 5107-07.2019 Sensitive (when completed) Page 1

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