Getting your GST right

Claiming the amount of GST credits that you are entitled to is one way to help manage your

.

Business Cash Flow.

To make sure you are eligible and can claim your GST credits:

  • you and your supplier must be registered for GST

  • check your supplier has a valid ABN and

  • ensure you hold a valid tax invoice when you make your claim.

You can check a tax invoice is valid by:

  • making sure the supplier’s ABN is correct and they are registered for GST

  • ensuring no key details are missing, such as the date of issue

Deputy Commissioner Steve Vesperman with some quick GST tips and reminders.

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