What is the Annual GST return?
Where you have chosen to use Option 3, the GST instalment method, you will be required to lodge an Annual GST return (PDF, 110KB) after the end of the financial year. This will reconcile the instalments you have paid with the GST you should have paid for the year. This may result in you making a payment, or receiving a refund. Note that any luxury car tax or wine equalisation tax liabilities you have are included in the reconciliation.
