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FAQs - General

I am a share trader. Must I pay GST when I sell shares?

No. The sale of shares is a financial supply and therefore input taxed.

Last Updated on Thursday, 22 August 2013 04:56

I elect to lodge my GST return monthly. Does this mean I must pay my FBT, PAYG etc monthly?

No. You look at each tax separately and pay it according to its own payment rules. Even though you will be lodging a BAS each month, you will not be completing the PAYG boxes if you only have to pay PAYG quarterly.

Last Updated on Thursday, 22 August 2013 04:57

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