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If I have just registered for GST can I use the GST instalment option for my first activity statement?

April 26, 2017activity GST instalment option registered

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If I have just registered for GST can I use the GST instalment option for my first activity statement?

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No. If you are newly registered you have to report and pay actual GST amounts for at least four months since the Tax Office needs at least four months of GST information to calculate your instalment amount. For a quarterly payer, this would mean the lodgment of two quarterly activity statements.