GST – completing your activity statement - Australian Taxation Office

09 EXAMPLE OF RECORD KEEPINGSam’s calculation worksheetSam uses the information from his records to completehis calculation worksheet.GST calculation worksheet for BAS(If you want to use the calculation sheet method towork out GST amounts)Tax periodName1-10-08 to 31-12-08Sam’s BusinessDo not lodge the calculation sheet with your BASWe recommend you file it with a copy of the BAS to which it relatesG1G2G3G4G5G6GST amounts you owe the Tax Office from salesTotal sales (including any GST)Export salesOther GST-free salesInput taxed salesG2 + G3 + G4Total sales subject to GST(G1 minus G5)45,00052,0002,413G2 $ .00G3 $ .00G4 $ .00426,758G1 $ .0099,413327,345G5 $ .00G6 $ .00Show amountsat these labelson your BASG1 on the BASG2 on the BASG3 on the BASG7Adjustments (if applicable)G7 $ .00G8G9Total sales subject to GST after adjustments(G6 + G7)GST on sales (G8 divided by eleven)327,345G8 $ .0029,758G9 $ .001A in theSummary sectionof the BASGST amounts the Tax Office owes you from purchasesG10G11G12Capital purchases(including any GST)Non-capital purchases(including any GST)G10 + G113,300G10 $ .0043,122G11 $ .0046,422G12 $ .00G10 on the BASG11 on the BASG13Purchases for making input taxed salesG13 $ .00G14Purchases without GST in the price5,854G14 $ .00G15G16Estimated purchases for private useor not income tax deductibleG13 + G14 + G15G15 $ .005,854G16 $ .00G17Total purchases subject to GST(G12 minus G16)40,568G17 $ .00G18Adjustments (if applicable)G18 $ .00G19G20Total purchases subject to GST afteradjustments (G17 + G18)GST on purchases (G19 divided by eleven)40,568G19 $ .003,688G20 $ .001B in theSummary sectionof the BASNow go to the GST section on the front of the BAS and follow the instructions onthe form. You will need to transfer amounts from this calculation sheet to the BAS.NAT 4203-4.200445