What is GST?

What is GST?

One of the most common questions we get at Digit is around the Australian Goods and Services Tax, commonly referred to as GST. The GST is a value added tax of 10% on most goods and services sales. Generally, businesses registered for GST pass on the cost to their...
What is a Business Activity Statement (BAS)?

What is a Business Activity Statement (BAS)?

If your business is operating in Australia, you’re responsible for submitting Business Activity Statements (BAS) to the ATO – even if you did no business during the reporting period! These statements are used to report on and pay several different types of taxes including the Goods and Services Tax (GST) and Pay as You Go (PAYG).