Home – New Forums New here? Share your story Solo Trader ABN & Pty Ltd ABN, & invoices without GST Reply To: Solo Trader ABN & Pty Ltd ABN, & invoices without GST

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Hi [USER=113104]@Navi[/USER]

I agree with both [USER=53375]@bb1[/USER] and [USER=28171]@Rowan @ GardenLarder[/USER] that it is definitely worthwhile speaking with your accountant.

The way that I understand your situation however is;

1. If you are registered for GST and did not add GST to your invoices, you are still liable for the amount of GST owed to the ATO. You can either request this from your customer or pay it from your own pocket. If the sale was a business expense for your customer, the GST they pay to you will be offset against what they owe to the ATO and will not be coming out of their own pocket.

2. Less certain of this, however as yourself and your company are classified as two separate entities, they are likely calculated separately. The money you pay yourself from the company is a salary and you are not personally responsible for GST on that, however the company itself is liable for the GST it collects from sales.

As has already been recommended, go see your accountant and get the matter cleared up.