GST – completing your activity statement - Australian Taxation Office

STEP 6 – CHECK YOUR COMPLETEDACTIVITY STATEMENTHave you:n put ‘X’ in the label next to the GST option you havechosen (where applicable)n filled in the GST labels that apply to youn checked that your calculations are accuraten checked that you have transferred amounts correctlyfrom your recordsn put ‘X’ in the relevant box under G1 to indicate whetherthe amounts at G1 are GST-exclusive or GST-inclusiven provided your contact phone number?You may also need to:n complete any other sections that apply to you and transferthe totals to the summary sectionn calculate if you must make a payment or if you are eligiblefor a refundn complete the tear-off payment slip on the bottomn complete the payment or refund details.You must:n sign and date your activity statementn lodge your original activity statement by the due dateshown on the front, andn pay any amounts you owe by the due date shownon the front.Record keepingYou should keep a copy of your activity statement and therecords used to prepare it for five years after they are prepared,obtained or the transactions completed, or the period of reviewwhichever is the later. The records should be in writing andin English. If they are not in a written form (such as magnetictape or computer disk), records must be in a form that isreadily accessible and easily converted into English.If you used a calculation worksheet to complete your GSTlabels, do not forward this document to us with your activitystatement. You must keep this document with your otherrecords used to prepare the activity statement39