What needs to be on a Tax Invoice

A question we hear time and time again, is

“What needs to be included on a Tax Invoice?”

For taxable sales of more than $82.50 (inclusive of GST) the tax invoice must contain the following information:

that the document is intended to be a tax invoice
the seller’s identity
the seller’s Australian business number (ABN)
the date the invoice was issued
a brief description of the items sold, including the quantity (if applicable) and the price
the GST amount (if any) payable – this can be shown separately or, if the GST amount is exactly one-eleventh of the total price, as a statement such as ‘Total price includes GST’
the extent to which each sale on the invoice is a taxable sale (that is, the extent to which each sale includes GST)
if the invoice totals more than $1,000, the identity of the buyer or his ABN
If the invoice includes taxable and non taxable items (e.g. GST free or input taxed), each taxable item should be clearly marked.

Special rules apply for sales carried out by agents and invoices created by the recipient, rather than the supplier.

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