|Tax Authority||Australian Taxation Office|
Information on the invoice
Sales Under $1000
Tax invoices for sales under $1,000 that are subject to tax must have enough details to clearly show the following 7 things:
- The document is meant to be a tax invoice.
- Who the seller is.
- The seller's Australian business number (ABN).
- The date the invoice was created.
- A short description of the items sold, including the amount sold and the price per item (if applicable).
- The amount of GST owed (if any) - this can be shown separately or, if the GST amount is exactly one-eleventh of the total price, a statement saying 'Total price includes GST'.
- The extent to which each sale on the invoice is subject to tax.
|Tax invoice for a sale under $1,000|
Sales of $1,000 or more
Tax invoices for sales of $1,000 or more also need to show the buyer's identity or ABN.
If your tax invoices meet the requirements for sales of $1,000 or more, you can also use them for sales of lesser amounts.
- GST included in each line item
- the sale is clearly identified as being fully taxable by the words 'Total price includes GST'
- the buyer's identity for sales of $1,000 or more.
|Tax invoice for a sale of $1,000 or more|