BAS & GST Calculator for Sole Traders
Calculate GST collected, paid, and net Business Activity Statement (BAS) obligations.
BAS & GST Sole Trader Calculator
Plan Business Activity Statement (BAS) payments, estimate GST collected/paid, and check net profits.
Business Activity
GST Breakdown
What is the BAS & GST Calculator for Sole Traders?
Plan your quarterly Business Activity Statement (BAS). Estimates GST collected, credits paid on expenses, and final tax payable to the ATO.
How Does the BAS & GST Calculator for Sole Traders Work?
1. Input gross business sales. 2. Input business expenses. 3. Select GST registration status. 4. View GST collected, paid, and net BAS payable.
Formula & Calculation Method
Calculates GST collected as 1/11 of sales. Calculates GST paid as 1/11 of expenses. Net BAS payable = GST collected - GST paid.
Example Calculation
Revenue $121,000, Expenses $33,000. GST Collected = $11,000. GST Paid = $3,000. Net BAS payable = $8,000. Net Profit = $80,000.
Frequently Asked Questions
Calculates GST collected as 1/11 of sales. Calculates GST paid as 1/11 of expenses. Net BAS payable = GST collected - GST paid.
Disclaimer: This tool is provided for informational and calculation purposes. Output values are estimates based on standard user inputs.