TheAccountants

Day: July 12, 2024

How does GST work?

This article, written from an accountant’s perspective, provides an overview of how GST works in Australia and offers guidance on managing GST liabilities. It covers charging GST, claiming GST credits, lodging BAS statements, accounting methods, cash flow management, compliance, and the importance of staying informed and seeking professional advice. The aim is to help business owners understand their GST obligations and manage them effectively.

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