Complete business activity and instalment activity statements in Australia

Menzies Consultants provides you with the following GST calculation worksheet for their business. The business is registered for GST and reports on a quarterly basis.

GST amounts you owe the Tax Office from sales

G1	Total sales (including and GST)	$	44,025
G2	Export sales	$	11,200
G3	Other GST-free sales	$	545
G4	Input taxed sales	$
G5	G2 + G3 + G4	$	11,745
G6	Total sales subject to GST	$	32,280
	(G1 minus G5)
G7	Adjustments (if applicable)	$
G8	Total sales subject to GST after adjustments	$	32,280
	(G6 + G7)
G9	GST on sales (G8 divided by eleven)	$	2,934

GST amounts the Tax Office owes you from purchases

G10	Capital purchases	$	2,950
	(including and GST)
G11	Non-capital purchases	$	31,427
	(including any GST)
G12	G10 + G11	$	34,377
G13	Purchases for making input taxed sales	$
G14	Purchases without GST in the price	$	620
G15	Estimated purchases for private use	$
	or not income tax deductible
G16	G13 + G14 + G15	$	620
G17	Total purchases subject to GST	$	33,757
	(G12 minus G16)
G18	Adjustments (if applicable)	$
G19	Total purchases subject to GST after	$	33,757
	adjustments (G17 + G18)
G20	GST on purchases (G19 divided by eleven)	$	3,068

REQUIRED: Complete the GST section for Menzies Consulting for the March BAS and record the amounts to be reported in the summary section for fields 1A and 1B

Option 1: Calculate GST and report quarterly : G1 - 1B

Total sales	G1
Does the amount shown at G1 include GST? AnswerYesNo
Export sales	G2
Other GST-free sales	G3
Capital purchases	G10
Non-capital purchases	G11
Amounts you owe the Tax Office
GST on Sales or GST instalment	1A
Amounts the Tax Office owes you
GST on purchases	1B