#Everyoneneedsaplan When Claiming GST Payments

The two most common examples of when you cannot claim the GST you have paid are:

1.  The entity from which you are purchasing the goods or services is not registered for GST; and
2.  The personal-use portion of any goods or services purchased by your business.

Be aware: even if the entity from which you purchase the goods or services provide you with a tax invoice and an ABN, they may have cancelled the GST registration in which case you cannot claim the GST that you paid to them.  ALWAYS check the registration status of any supplier's ABN to make sure, especially if they are large purchases.

An example of not being able to claim the personal-use portion of a GST expenditure would be your vehicle purchase by the business but also used by you personally.  If you claim 80% of the vehicle cost for business use, the remaining 20% will be personal use and therefore you can only claim back 80% of the GST related to the vehicle expenses.

Following are some interesting sites for further information:

ATO Tips for Claiming GST Credits: https://www.ato.gov.au/Non-profit/Newsroom/Running-your-organisation/Tips-for-claiming-GST-credits/ 
ABN look up (check registration status of ABN Holder): https://abr.business.gov.au/Search/Index