Information to include on a tax invoice

Tax invoices for taxable sales of less than $1,000 must include the following information:

• The words “tax invoice”
• The seller’s identity
• The seller’s Australian business number (ABN)
• The date of issue of the tax invoice
• A brief description of the goods or services sold including quantity, if applicable
• The GST amount (if any) payable – shown either separately or, if the GST amount is one-eleventh of the total price, as a statement such as “Total price includes GST”
• The items on the tax invoice that are subject to GST and those that are not

In addition to the above information, tax invoices for taxable sales of $1,000 or more must include the purchaser’s identity or ABN.

There is no need to have two tax invoices, one for taxable sales of less than $1,000 and one for those more than $1,000.  If your tax invoice meets the requirements for sales of $1,000 or more, you can also use that for sales of lesser amounts.

Please contact us if you would like to discuss any of the above information to include on a tax invoice.   We would be happy to assist you.