🇦🇺Australia

GST Non-Compliance Fines on Invoices

1 verified sources

Definition

Failure to properly include GST on invoices or lodge BAS on time results in statutory fines from ATO for non-compliance.

Key Findings

  • Financial Impact: AUD 222 per late BAS lodgement + AUD 5,000+ for serious GST errors
  • Frequency: Quarterly BAS cycles
  • Root Cause: Manual invoice generation without GST calculation and BAS preparation tools

Why This Matters

The Pitch: Photography businesses in Australia risk AUD 222+ failure-to-lodge fines per BAS. Automation of GST-inclusive invoicing eliminates compliance risks.

Affected Stakeholders

Business Owners exceeding $75k turnover

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Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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