GST – completing your activity statement - Australian Taxation Office

07 COMPLETING THE GST LABELS ON YOUR ACTIVITY STATEMENTSTEP 5 – COMPLETE THE SUMMARY ONTHE BACK OF YOUR ACTIVITY STATEMENT1A GST ON SALES OR GST INSTALMENTYou report at 1A the total amount of GST (including any relevantadjustments) you are liable to pay us for the reporting period.The amount you report and pay will depend on the reportingand paying option you use.Monthly, quarterly and annually Quarterly instalments (option 3)If you report and pay GST monthly, or quarterly using option1 or option 2, or you use the annual reporting option (see‘Identify your reporting and payment period’ on page 13)you must complete 1A on your activity statement.If you have no GST on sales or adjustments for thereporting period, write ‘0’.If you report and pay GST quarterly using option 3 –the instalment option, you must report at 1A your GSTinstalment amount pre-printed at G21. If you’ve varied thisamount, take the figure from G23 and report this amountat 1A.If you use option 3, you must also lodge an Annual GSTreturn at the end of the financial year and account for anydifference between your total GST instalments for the yearand your actual GST liability. In your Annual GST return, youmust report the total amount of GST on your sales plus anyrelevant adjustments at 1A.Accounts methodIf you use the accountsmethod, you can take theamount to be shown at 1Adirectly from your records.Calculation worksheetmethodIf you use the calculationworksheet method,transfer the amount fromG9 on your calculationworksheet. To do this,you will need to completeadditional labels on yourcalculation worksheet. Fordetails of what to report ateach of these labels, see‘Completing the GST labelson your activity statement’on page 18.Accounts methodWhen completing theAnnual GST return, if youuse the accounts method,you can take this amountdirectly from your records.Calculation worksheetmethodWhen completing theAnnual GST return, ifyou use the calculationworksheet method,transfer the amount fromG9 on your calculationworksheet. To do this,you will need to completeadditional labels on yourcalculation worksheet. Fordetails of what to report ateach of these labels, see‘Completing the GST labelson your activity statement’on page 18.If you use option 2, at the end of the financial year youmust also lodge an Annual GST information report to reportannual amounts for export sales (G2), other GST‐free sales(G3), capital purchases (G10) and non‐capitalpurchases (G11).For more information about input taxed sales:n refer to ‘GST credits and income tax deductions’in GST for small business (NAT 3014)n see ‘G4 Input taxed sales’ on page 25.37