Guides
Invoicing basics
One question per page. The short answer first, then the rule with its source, a worked example, and how it looks in Billfold. Written by the person who built the app, not a tax adviser, so every figure links to the official page.
GST on invoices
Do I need to charge GST on my invoices?
Only once you're registered, and registration is compulsory at $75,000 turnover. Below that it's your call.
Read the guideIs a quote inclusive or exclusive of GST?
To a household, the GST-inclusive total must be the prominent price. To a business, "plus GST" is fine if you say so. Say nothing, and GST was inside it.
Read the guideTax invoice vs invoice: which one do I send?
Registered for GST? "Tax Invoice", your ABN and the GST amount. Not registered? "Invoice", the same details, no GST line.
Read the guideHow to invoice if you're not registered for GST
Head it "Invoice", show your ABN, leave GST off and say so in one line. What goes on it, with a free template.
Read the guideJust registered for GST? What changes on your invoices
From your registration date: "Tax Invoice" at the top, 10% on taxable sales, a quarterly BAS, GST credits on purchases. Earlier invoices stay as they were.
Read the guideYour first invoice
Invoicing on a Mac
General information from the maker of an invoicing app, not tax or legal advice. Rules change and your situation may differ; check the sources above or ask your accountant before relying on this page.