Applying Australian goods and services tax classification, reporting and compliance for 2026–27.

Professional reference and assessment | 2026–27

Scope and reliance

This material summarises the principal goods and services tax rules applying to Australian enterprises for the 2026–27 financial year. It addresses registration, tax periods, invoices, supply classifications, credits, property, motor vehicles, second-hand goods, adjustments, error correction, cross-border transactions and compliance controls. Income tax, capital gains tax, fringe benefits tax, wine equalisation tax and luxury car tax are included only where they directly affect a goods and services tax outcome. Application depends on the legal character of the transaction, registration status, contractual terms, attribution rules, evidence and any industry-specific provisions. This material provides professional education and does not constitute taxation, legal, superannuation or financial advice.

Course overview

This professional development material provides a structured approach to Australian goods and services tax for 2026–27. It follows the transaction lifecycle from registration, invoicing and attribution through supply classification, credits, special transactions, adjustments, error correction, cross-border supplies and property withholding.

The material is organised into five knowledge blocks supported by native Word tables, worked examples, practical control points, two compact flowcharts, a professional review toolkit and a final LearnDash-compatible assessment.

Course objectives

Apply a consistent goods and services tax review sequence to supplies, acquisitions, importations and adjustments.
Determine registration, attribution, tax invoice and business activity statement requirements for Australian enterprises.
Classify taxable, GST-free, input-taxed and cross-border supplies and assess related GST credit consequences.
Apply specialised rules for property, motor vehicles, second-hand goods, employee contributions, corrections and GST groups.
Prepare transaction records, calculations and reconciliations capable of supporting lodgement and review.

Learning Outcomes

You should be able to identify the relevant entity, enterprise, transaction, consideration and GST registration status.
You should be able to calculate and attribute GST and credits under the cash or non-cash basis using appropriate evidence.
You should be able to distinguish taxable, GST-free, input-taxed and outside-the-system outcomes for common transactions.
You should be able to apply margin scheme, going concern, farm land, vehicle, second-hand goods and property withholding rules.
You should be able to distinguish adjustments from errors and complete a defensible GST review and BAS reconciliation.

CPD/CPE compliance mapping

The following mapping identifies how the professional outcomes align with common continuing professional development and continuing professional education competency areas. It does not determine the acceptance of a particular activity by a membership body or regulator. Professional development compliance mapping

Body or framework	Relevant competency area	Mapped outcomes	Evidence of completion	Suggested classification
CPA Australia	Taxation, financial accounting, risk and professional skills.	GST classification, BAS reporting, credits, property, corrections and evidence.	Completion record, quiz result and retained course notes.	Technical and professional development.
Chartered Accountants Australia and New Zealand	Tax, accounting, assurance, risk and practice capability.	Application of GST transaction, invoice, attribution, property and compliance rules.	Completion record, quiz result and reflective application to client work.	Technical competence.
Institute of Public Accountants	Taxation, accounting, compliance and public practice.	GST calculations, supplies, credits, adjustments, groups and record keeping.	Completion record, quiz result and practice workpaper.	Structured CPE.
Tax Practitioners Board	Australian taxation law and business activity statement services.	GST classification, calculations, evidence, corrections and lodgement decisions.	Course completion certificate and assessment result.	Relevant tax practitioner CPE.