- Content creators in Australia need to register for GST if their turnover from their enterprise is $75,000 or more in a 12-month period.
- This includes payments received for creating and posting content that reviews and promotes products and services, acquires followers, viewers and subscribers, is sponsored or endorsed, is licensed by others, or is created in collaboration with other content creators.
- When calculating their GST turnover, content creators should include both taxable and GST-free sales, as well as the value of non-monetary payments.
- Payments received from recipients outside Australia may be GST-free, while payments received within Australia will be taxable sales.
- Once registered, content creators need to collect GST on taxable sales and pay it by lodging a business activity statement (BAS).
- Content creators may be able to claim GST credits when they lodge their BAS.
Source: ato.gov.au
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Australia"
- ATO Releases Updated Guide for GST Analytical Tool for Top 1000 Taxpayers
- ATO Finalizes GST Rules for Prepared Meals, Offers Transitional Compliance for Certain Products
- Updated GST Rulings on International Supplies: ATO Issues GSTR 2025/1 and GSTR 2025/2
- ATO Withdraws Practice Statement on GST Treatment of Government Agency Fees and Charges
- ATO Finalizes Waiver of Tax Invoice Requirement for Direct Entry Services in 2025
